Bankers Anticipate NBU to Keep Discount Rate at 15.5% Amid Inflation Concerns

Interfax-Ukraine’s recent survey of financial analysts indicates a consensus that the National Bank of Ukraine (NBU) will refrain from adjusting the discount rate, keeping it at 15.5% per annum for the July 24 meeting. This decision is expected to be driven by ongoing high inflation, which stood at 14.3% in June, along with broader macroeconomic conditions. The banking sector’s unified stance highlights the delicate balance NBU faces between managing inflation and supporting economic growth.