Romanian cenbank keeps （判断の）基準 率 on 持つ／拘留する, sees no 引き上げ（る） in August
BUCHAREST, July 7 (Reuters) - Romania's central bank does not 計画（する） to 引き上げ（る） its （判断の）基準 利益／興味 率 at its next 会合 in August but is 査定する／（税金などを）課すing a timeline for a return to 政策 normalisation, 知事 Mugur Isarescu said on Wednesday.
Earlier on Wednesday, as 推定する／予想するd, the bank kept its 重要な 率 on 持つ／拘留する, at an かつてない low of 1.25%, 選ぶing to wait before moving on worries about higher-than-推定する／予想するd 消費者 price インフレーション.
Isarescu said the 最新の data pointed to インフレーション climbing above the bank's 現在の short-称する，呼ぶ／期間／用語 予測（する）, fuelled by higher energy prices, but that the spike appeared to be transitory. He 追加するd the medium-称する，呼ぶ／期間／用語 予測（する） was not "alarming".
The bank has 予測（する） インフレーション will rise to 4.1% at the end of 2021 but will return to within its 2.5-3.5% 的 next year. 分析家s 投票d by Reuters earlier this month 推定する／予想する インフレーション at 4.7% at the end of this year.
Asked whether policymakers planned to 引き上げ（る） borrowing costs at their next 会合 on Aug. 6, Isarescu said, "No, I do not think we are 推定する／予想するing that."
"But ... the period of low 利益／興味 率s is 近づくing an end, what is 存在 discussed now is the 出口. The timeline of returning to normalcy is the most important but it is still under discussion."
Isarescu has said the bank has already started a more serious 支配（する）／統制する of market liquidity, an 器具 the bank has 以前 used to 強化する 政策, which affords it 柔軟性.
分析家s said Romania has an 利益／興味 率 differential compared with others in the 地域, which enables the central bank to wait before 増加するing 率s.
"A firmer 支配する on the liquidity 状況／情勢 will likely continue to be 雇うd, better 錨，総合司会者ing carry 率s around the 1.25% 重要な 率," said ING Bank Romania 長，指導者 経済学者 Valentin Tataru. "Straightforward 率 引き上げ（る）s will probably be considered in the first half of 2022."
Romania's central bank has 配達するd four 削減（する）s 価値（がある） 125 basis points ov erall since the start of the coronavirus pandemic but its large 予算 and 経常収支 赤字s 妨げるd the bank from lowering borrowing costs as much as its peers.
However, central and eastern European 明言する／公表するs have the highest インフレーション 率s in the European Union, and in June the Hungarian and Czech central banks started raising borrowing costs. (報告（する）／憶測ing by Luiza Ilie and Radu Marinas; Editing by Gareth Jones)
