Ukraine's central bank kept its policy rate at 18.0 percent due to risks that inflation may not decline but said it may adopt a monetary easing cycle in the future and how soon depends on how steadily the risks of inflation ease and inflation expectations improve. "Looking ahead, any changes to the key policy rate will be based on the NBU's updated macroeconomic forecast that will be published in April," the National Bank of Ukraine (NBU) said. Ukraine's central bank moved into a monetary tightening cycle in October 2017 and raised rates 6 times by a total of 550 basis points until September 2018. Since then rate ... (full story)