Serbia: A new 50bps interest rate cut from NBS | Eurobank
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Serbia: A new 50bps interest rate cut from NBS

• NBS cut rates by another 50bps at 10.75% on October 6th, bringing the cumulative cuts to 175bps from the beginning of the easing cycle in early June
• NBS now anticipates inflation to land to single digits in September on low demand pressures and stabilized food prices
• The new precautionary IMF agreement and the successful Eurobond sale have a positive impact on the macroeconomic outlook of Serbia