Monetary Policy in Romania: Trends and Implications

Monetary policy is one of the most important instruments through which a country maintains its macroeconomic stability, controls inflation and influences economic growth. This paper aims to analyze Romania's monetary policy during the period 2014-2024, highlighting both the theoretical context and the practical developments of the main macroeconomic indicators. The study examines the evolution of the monetary policy interest rate, the rate for the credit facility and the deposit facility, the inflation and the economic growth rate, highlighting how NBR's decisions influence the Romanian economy.