When the Central Bank will continue the cycle of rate reduction
The Board of Directors of the Bank of Russia again kept the rate at 14%. The decision coincided with market expectations - 25 of the 26 economists polled by Vedomosti expected such a scenario. The Central Bank substantively considered only the option of maintaining the rate, although on the table was the option of raising it, said during a press conference the Chairman of the Bank of Russia Elvira Nabiullina.
The Board of Directors of the Bank of Russia again kept the rate at 14%. The decision coincided with market expectations - 25 of the 26 economists polled by Vedomosti expected such a scenario. The Central Bank substantively considered only the option of maintaining the rate, although on the table was the option of raising it, said during a press conference the Chairman of the Bank of Russia Elvira Nabiullina.
