You are here

Eurozone woes pressuring East EU states into more easing

Economists forecast Poland and Romania will reduce rates, Czech officials will keep benchmark near zero

With eurozone recovery coming to a halt in the second quarter and its inflation forecast staying below one per cent for a 13th month in October, the ECB is under pressure to consider additional easing.


LOW inflation, flagging growth and the European Central Bank's (ECB) stimulus bias will probably force Eastern members of the European Union to cut interest rates to record lows this week.

Reduced borrowing costs will be cemented in three monetary policy decisions on

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom