North Macedonia Cuts Interest Rate for 3rd Time âšī¸
North Macedonia's central bank lowered its benchmark interest rate by 25 basis points to 5.55%, citing improved economic conditions and an expected average inflation rate of around 3.5% for 2024.
The interest rate cut by North Macedonia's central bank is a neutral event for the given investment portfolio, as it does not have a significant direct impact on the performance of the assets included. While the lower interest rate may have some indirect effects on the broader economic environment, the overall impact on the portfolio is expected to be minimal.