Romania Keeps EU’s Highest Rates With Inflation Stuck Above 10%

Romania's central bank has maintained its interest rates at the highest level in the EU, aiming to manage double-digit inflation despite signs of an impending recession. This move underscores the country's struggle to control rising prices while navigating economic downturn risks. The decision highlights the broader challenges faced by the EU as it grapples with persistent inflationary pressures, impacting consumer spending and economic stability. For a deeper dive, check out the full article on Bloomberg.