{"id":33479,"date":"2012-11-13T16:13:00","date_gmt":"2012-11-13T21:13:00","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/11\/latvia-holds-rates-steady-sees-limited-inflation-risks\/"},"modified":"2012-11-13T16:13:00","modified_gmt":"2012-11-13T21:13:00","slug":"latvia-holds-rates-steady-sees-limited-inflation-risks","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/11\/13\/latvia-holds-rates-steady-sees-limited-inflation-risks\/","title":{"rendered":"Latvia holds rates steady, sees limited inflation risks"},"content":{"rendered":"<p>By Central Bank News<br \/>\n&nbsp; &nbsp; Latvia&#8217;s central bank held its key policy rate steady at 2.50 percent as inflation risks remain limited and the Bank of Latvia doesn&#8217;t see any mid-term risks to price stability.<br \/>&nbsp; &nbsp; The Bank of Latvia, which cut its refinancing rate in September and July for a total reduction of 100 basis points, said economic growth has been more sustained that expected and there has been a gradual redirection of the economy from external to domestic demand.<br \/>&nbsp; &nbsp; &#8220;The Bank of Latvia Council is of the opinion that the current monetary policy conditions match the economic situation,&#8221; the bank said in a statement following a meeting of its council.<br \/>&nbsp; &nbsp; Latvia&#8217;s economy expanded by 1.70 percent in the third quarter from the second quarter for an annual growth rate of 5.3 percent, up from 5.0 percent in the second quarter.<br \/>&nbsp; &nbsp; The inflation rate eased further to 1.6 percent in October, the lowest rate this year.<br \/>&nbsp; &nbsp;<br \/>&nbsp; &nbsp; <a href=\"http:\/\/www.centralbanknews.info\/\">www.CentralBankNews.info<\/a><br \/>&nbsp; &nbsp;<\/p>\n<div><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"https:\/\/blogger.googleusercontent.com\/tracker\/8290544642025682538-5868988551162777842?l=www.centralbanknews.info\" alt=\"\" \/><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Central Bank News &nbsp; &nbsp; Latvia&#8217;s central bank held its key policy rate steady at 2.50 percent as inflation risks remain limited and the Bank of Latvia doesn&#8217;t see any mid-term risks to price stability.&nbsp; &nbsp; The Bank of Latvia, which cut its refinancing rate in September and July for a total reduction of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/11\/13\/latvia-holds-rates-steady-sees-limited-inflation-risks\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Latvia holds rates steady, sees limited inflation risks&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-33479","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/33479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=33479"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/33479\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=33479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=33479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=33479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}