Central European central banks should maintain a tight monetary policy stance to control inflation and be prepared to raise interest rates if necessary, according to a senior IMF official. While some central banks in the region have been easing policy as inflation declines, the IMF warns that inflation targets are unlikely to be met before 2025. The IMF forecasts inflation at 6.4% in Poland and 6.6% in Hungary by 2024.
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Central Europe s central banks should maintain a tight monetary stance for a considerable time to ensure inflation is kept in check, and be ready to raise interest rates again if needed, a senior.
By Gergely Szakacs BUDAPEST (Reuters) - Central Europe's central banks should maintain a tight monetary stance for a "considerable time" to ensure inf.