ICU sees more cuts to interest rates by the central bank. “In real terms, the key rate will drop to below 7% by the end of 1Q20 and further to 5% by the end of 2020,” the bank writes, citing post-inflation rates. “Nevertheless, NBU’s key real rate is likely to stay 200-250 bps higher than policy rates of Ukraine’s high-yielding peers by end-2020.”
ICU sees more cuts to interest rates by the central bank.
