Vujcic further noted that Croatian banks have not raised deposit interest rates as significantly as German banks. Instead, they are offering cheaper mortgages and loans in the euro zone's newest member state. He expressed confidence in achieving the ECB's 2025 inflation target.
President Lagarde predicts there will be no immediate interest rate hikes and expects borrowing costs to remain stable until 2024. This is part of the ECB's strategy to manage falling inflation and the slowdown. loan after implementing various measures.
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