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Bank of Slovenia Council Adopts Measures to Decrease Inflation

Ljubljana, 13 June - The Bank of Slovenia Council decided on Tuesday to try to ease inflation pressures with instruments at its availability, announcing the bank will start registering 270-day bills again. The Council also discussed the deviations regarding the anticipated growth of money aggregate 3, which, however does not pose a threat to inflation, as its growth is expected to calm down towards the end of the year. The council also determined the annual interest rate of a new instrument, the over-night deposit, setting it at 5.5 percent, the bank said on Wednesday.

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