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MNI CNB Review - Feb 2025: Unanimous Hawkish Cut

The CNB reduced the key rate by 25bp in a unanimous decision but framed it as a "hawkish cut".

Executive Summary:

  • The Bank Board reduced the key rate by 25bp to 3.75%.
  • The Board’s decision was unanimous.
  • Communications accompanying the decision were rather cautious.

Click here to see the full review: MNI CNB Review - February 2025.pdf

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Executive Summary:

  • The Bank Board reduced the key rate by 25bp to 3.75%.
  • The Board’s decision was unanimous.
  • Communications accompanying the decision were rather cautious.

Click here to see the full review: MNI CNB Review - February 2025.pdf

Keep reading...Show less