NBS Executive Board Decision - January 2015
Central bank: nbs | Type: decision | Date: 2015-01-12

National Bank of Serbia Executive Board Meeting - January 2015

At its meeting held on 2015-01-12, the NBS Executive Board voted to set the key policy rate.

The Executive Board analyzed inflation movements and the underlying macroeconomic factors, monetary and financial conditions, as well as fiscal trends.

Key factors considered in the monetary policy decision:
- Inflation developments and projections
- Economic activity indicators  
- Exchange rate and foreign exchange reserves
- International environment
- Financial and credit conditions

The National Bank of Serbia conducts monetary policy within the inflation targeting framework, with the primary objective of achieving and maintaining price stability.