(Reuters) - "Given the need to firmly anchor inflationary expectations
and the credibility of the inflation targeting framework,
directors considered the recent interest rate cuts to be
premature," the IMF said in its 2007 economic review of the
Romanian economy.
"They urged the authorities to increase interest rates as
needed to attain the inflation targets," the IMF added.
Read more at Reuters.com Bonds News
and the credibility of the inflation targeting framework,
directors considered the recent interest rate cuts to be
premature," the IMF said in its 2007 economic review of the
Romanian economy.
"They urged the authorities to increase interest rates as
needed to attain the inflation targets," the IMF added.
Read more at Reuters.com Bonds News
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