interest rate

NBS keeps benchmark rate at 5.75% as energy prices delay easing

The National Bank of Serbia (NBS) left its benchmark interest rate unchanged at 5.75%, extending the current monetary policy stance. The deposit facility rate remains at 4.5%, while the lending facility rate stays at 7.0%. The decision was linked to ongoing inflation risks tied to energy markets and broader global uncertainty. Globally, central banks face a similar constraint as the path to lower rates has become more difficult. Although inflation has eased from post-pandemic peaks, higher energy prices, geopolitical uncertainty…