TIRANA, May 6 /ATA/ – The Supervisory Council of the Bank of Albania decided on Wednesday to keep the key interest rate unchanged at 2.5%.
Governor Gent Sejko said at a press conference that the Council also kept the overnight deposit rate unchanged at 1.5% and the overnight lending rate at 3.5%.
The Council assessed that the current monetary policy stance remains appropriate, as it supports the baseline economic outlook and provides favourable monetary conditions for bringing inflation back to target.
Sejko said the decision also reflects continued uncertainty over future economic and inflation trends, allowing more time to monitor developments, including international oil prices, while preserving flexibility to respond to adverse shocks if needed.
He added that the central bank’s monetary policy will continue to be guided by the objective of price stability, ensuring that temporary supply shocks do not translate into persistent inflationary pressures.
“The Supervisory Council will closely and continuously monitor the situation and remains ready to respond in a timely, appropriate and forceful manner to any material risk to price stability,” Sejko said.
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