Albanian governor warns of ‘fragile’ inflation
Council will likely keep key interest rate low ‘for some quarters ahead’
Bank of Albania governor Gent Sejko warned the upward trend in inflation was "fragile" and would warrant easy monetary policy in the months to come on July 1, after the supervisory council of the central bank kept its key interest rate at 2%.
The central bank expects inflation, which rose to 1.8% in May, to remain around 2% throughout 2015, before gradually returning to its 3% target in 2017. Nonetheless, Sejko suggested this outlook was vulnerable, and prevented the Bank of Albania from
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