Albania Cuts Rate 25 Bps To Historic Low As Inflation Falls
Albania’s central bank cut its benchmark refinancing rate by 25 basis points to a historic low of 3.75 percent, saying the rate reduction should help ensure that inflation meets the bank’s target as inflationary pressures are low and have been declining in recent months. The Bank of Albania, which cut rates [...]
Albania’s central bank cut its benchmark refinancing rate by 25 basis points to a historic low of 3.75 percent, saying the rate reduction should help ensure that inflation meets the bank’s target as inflationary pressures are low and have been declining in recent months.
The Bank of Albania, which cut rates by 75 basis points in 2012, said economic activity this year is positive and similar to 2012 but growth is expected to remain below potential and demand-side … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards