{"id":260877,"date":"2025-02-10T15:33:23","date_gmt":"2025-02-10T11:33:23","guid":{"rendered":"https:\/\/armbanks.am\/?p=260877"},"modified":"2025-02-10T15:37:19","modified_gmt":"2025-02-10T11:37:19","slug":"edb-predicts-completion-of-refinancing-rate-reduction-cycle-in-armenia-in-first-half-of-the-year","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2025\/02\/10\/260877\/","title":{"rendered":"EDB expects Central Bank of Armenia to end refinancing rate cuts \u00a0in the first half of the year"},"content":{"rendered":"\n<p>YEREVAN, February 10. \/ARKA\/. The Eurasian Development Bank (EDB) expects Armenian Central Bank to end the refinancing rate cuts in&nbsp; the first half of 2025 as inflation approaches the target range.<\/p>\n\n\n\n<p>On February 4, the Central Bank lowered the refinancing rate by 0.25 p.p., to 6.75%. It was the 14th consecutive refinancing rate cut since June 2023.<\/p>\n\n\n\n<p>\u201cSlower wage growth, lower inflation expectations, as well as weaker-than-expected economic activity prompted the regulator&#8217;s decision to continue gradually lowering the interest rate,\u201d the EDB said in its weekly macro review.<\/p>\n\n\n\n<p>Armenia&#8217;s state budget for 2025 envisages inflation at the level of 3% (\u00b11%). Inflation in January amounted to 1.7% y\/y after 1.5% y\/y a month earlier.<\/p>\n\n\n\n<p>The Central Bank expects inflation to be within the range of 3.9-3.2% by the end of 2025. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Eurasian Development Bank (EDB) expects Armenian Central Bank to end the refinancing rate cuts in\u00a0 the first half of 2025 as inflation approaches the target range.<\/p>\n","protected":false},"author":5,"featured_media":258501,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15849],"class_list":{"0":"post-260877","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-15849"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/260877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=260877"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/260877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/258501"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=260877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=260877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=260877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}