Most members of the Monetary Policy Committee supported keeping the discount rate at 25% in April, but believe that the NBU may cut the discount rate to 21% in the fourth quarter. This was reported by the press service of the regulator following the meeting of the committee..

According to some members of the ILC, the improvement in macroeconomic conditions, as well as a significant improvement in the inflation forecast to below 15% at the end of the year, even taking into account risks, are strong arguments for starting a gradual reduction in the discount rate.

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" According to the overwhelming majority of ILC members, at the end of next year, the discount rate will be 18%,"

At the same time, several members of the ILC noted that forecasting for 2024-2025 is extremely difficult due to the high level of uncertainty associated with the war..