This morning, Ukraine’s central bank is expected to cut its key interest rate from 6%, according to a Reuters poll of 17 Ukrainian analysts. Of the analysts, seven expect a rate cut to 5.5%; four see a cut to 5.0%; one forecast 5.25%; one forecast 5.75%; and four said the rate will be unchanged. The scheduled National Bank of Ukraine board meeting comes one week after Kyrylo Shevchenko was named governor by President Zelenskiy, an advocate of low interest rates.
This morning, Ukraine’s central bank is expected to cut its key interest rate from 6%, according to a Reuters poll of 17 Ukrainian analysts.
