Flash Report /
Ukraine

Ukraine's central bank surprises by leaving rates unchanged – instant reaction

  • The NBU left its policy rate unchanged at 7.5%; consensus was for a 50bps increase

  • Decision comes as inflation rose to 9.5% in May, nearly double the central bank's inflation target

  • In contrast, NBU sees no signs of greater underlying inflationary pressures while inflation expectations had stabilised

Ukraine's central bank surprises by leaving rates unchanged – instant reaction
Stuart Culverhouse
Stuart Culverhouse

Chief Economist & Head of Fixed Income Research

Tellimer Research
17 June 2021
Published byTellimer Research

Watchlist

Tellimer | Start Following

Start following your markets today

Follow your key analysts, markets and more so they appear here in your Watchlist - allowing you to keep an eye on the latest updates.