BNR governor calls inflation an imbalance between aspirations and possibilities

“We hail the idea and I must admit that it was studied by BNR experts. And one more thing: does it not strike you as interesting that the public debate on this issue was not initiated by us,” Isarescu asks himself.

Concerning the missing of the inflation targets, Isarescu said that BNR did not intentionally use the word “exoneration.” BNR’s Governor added that the Central Bank must be concerned about the gap between economic fundamentals and social aspirations, especially during an electoral year.