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JP Morgan argues fiscal policy poses inflationary risks in Romania

May 10, 2024

It is the fiscal policy that poses inflationary risks in Romania rather than the tight labor market (as argued by other economists), argued JP Morgan Head of EMEA EM Economics in London Nicolae Chidesciuc attending the annual conference of CFA Romania, concluding that the central banks in the region including the National Bank of Romania (BNR) will maintain restrictive policies.

Romania's central bank scheduled on May 13 the next board meeting, where part of the banks' chief economists...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/jp-morgan-fiscal-policy-inflationary-risks-romania-2024
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