National Bank forecasts a decrease in the discount rate.

Participants in the discussion at the meeting of the National Bank's Monetary Policy Committee concluded that a softening of monetary policy may be possible next year. However, they noted that this forecast could be revised due to the unusual conditions in the Ukrainian economy caused by the war and other difficulties.

Most participants at the Committee meeting predict that the discount rate will be 12% by the end of 2025. However, some experts believe that considering the rise in prices and pro-inflation risks, the National Bank should raise the rate to 14% in December.