Ukraine Central Bank Holds Key Rate and Lowers Forecasts

Ukraine kept its key rate at 15 percent on Thursday. Officials lowered the 2026 growth forecast to 1.3 percent and raised inflation projections to 9.4 percent.

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The National Bank of Ukraine kept its key interest rate unchanged at 15% on April 30. The decision aligns with revised forecasts showing slower economic expansion and higher price pressures this year.

### Downgraded Growth and Rising Inflation The central bank lowered its 2026 GDP growth forecast to 1.3%, down from a previous estimate of 1.8%. This revision reflects a cooling economic outlook.

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