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Ukraine's Central Bank Maintains 15% Key Rate, Keeps Rate Hike Option Open

GateNews
Forex
On June 18, Ukraine's central bank held its key interest rate steady at 15%, citing war-related challenges, rising corporate costs, and energy price pressures that pose inflation risks. The bank said it stands ready to raise rates further if needed to stabilize inflation expectations and bring inflation back toward its 5% target. May inflation eased to 8.2% year-over-year from 8.6% in April, driven by seasonal factors. The central bank expects inflation to remain near current levels in coming months before accelerating toward year-end, forecasting 9.4% inflation by year-end and 6.5% in 2027.
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