KOPAONIK: Serbian central bank governor Jorgovanka Tabakovic said on Tuesday she expected inflation to remain low and stable as a result of good coordination between the country’s monetary and fiscal policies.
Last month, the bank cut its benchmark rate by 25 basis points to 4.25 percent, citing low inflationary pressures at home and abroad. Inflation in January stood at 2.4 percent year-on-year, slightly below the bank’s target range of 2.5 to 5.5 percent. The next rate decision is due on March 17.
