Bank of Russia to shift to key rate reduction in 2H if inflation slows down

MOSCOW:  The Bank of Russia may shift to reduction of the key rate in the second half of 2024 if inflation continues slowing down stably, th...


MOSCOW:  The Bank of Russia may shift to reduction of the key rate in the second half of 2024 if inflation continues slowing down stably, the regulator’s Governor Elvira Nabiullina said addressing the State Duma (lower house of the parliament).

"If inflation continues slowing down stably we assume that we will be able to start reducing the key rate this year, more likely in the second half of the year. There are many factors that make us be cautious, including still high inflation risks," she said.

At its second meeting in 2024 the Bank of Russia decided again to keep the key rate at 16% per annum. The next board meeting on the key rate is scheduled for April 26.


-News Feed

COMMENTS


*

Name

AROUND THE GLOBE,4056,business,74,BY READERS,479,FEATURE,289,GLOBE,16,KERALA,13,Movie,327,s,1,SPECIAL STORY,394,TAMILNADU,3,TOP STORY,4776,TRAVEL,8,
ltr
item
Local Glob: Bank of Russia to shift to key rate reduction in 2H if inflation slows down
Bank of Russia to shift to key rate reduction in 2H if inflation slows down
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyjYwh1tuaJhDzKpbxzH4M0Xz7kkaxkAye96JvELtkrMmYrXNK7sAv3toZifkP9_8Fj_EKmpjZhTBSYV26RAgT8xf1BhwNQo8K9F9Y2RCHC_XZwqdH8ozGFuGIyU0dx9YORbU0n7eKbsyozA1s5pw67VJFtuyAzlQsdClNQDYYvIeONrM0weql-rS27Dqz/s320/inflation.jpg
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyjYwh1tuaJhDzKpbxzH4M0Xz7kkaxkAye96JvELtkrMmYrXNK7sAv3toZifkP9_8Fj_EKmpjZhTBSYV26RAgT8xf1BhwNQo8K9F9Y2RCHC_XZwqdH8ozGFuGIyU0dx9YORbU0n7eKbsyozA1s5pw67VJFtuyAzlQsdClNQDYYvIeONrM0weql-rS27Dqz/s72-c/inflation.jpg
Local Glob
http://www.localglob.com/2024/04/bank-of-russia-to-shift-to-key-rate.html
http://www.localglob.com/
http://www.localglob.com/
http://www.localglob.com/2024/04/bank-of-russia-to-shift-to-key-rate.html
true
8255692317570297677
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy