The head of the Elvira Nabiullin Central Bank appeared today in a briefing on the outcome of the BC meeting. The broadcast is on the regulator ' s website. Earlier today, the BC reduced the key rate by 25 basis points to 14.25 per cent. It admitted that it could not reduce the rate as quickly as the expert community expected because of high inflation risks. Nabyllin ' s briefing indicated that inflationary expectations could increase b…
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The head of the Elvira Nabiullin Central Bank appeared today in a briefing on the outcome of the BC meeting. The broadcast is on the regulator ' s website. Earlier today, the BC reduced the key rate by 25 basis points to 14.25 per cent. It admitted that it could not reduce the rate as quickly as the expert community expected because of high inflation risks. Nabyllin ' s briefing indicated that inflationary expectations could increase b…