The macroeconomic risks have risen given the regional developments, causing increased volatility in financial markets. Despite the elevated uncertainties, inflation is expected to remain close to it’s targeted level of 3% in 2018 and over the medium term as well, according to the central bank.
NBG is expected to gradually move to a more neutral monetary policy stance, but the pace of easing will be subject to external as well as the domestic developments.
TBC
