Nabiullina discussed with deputies about the influence of the Central Bank on national goals
Only a country with low inflation can count on moderate rates, a stable currency and sufficient investment in its future, said the Chairman of the Bank of Russia Elvira Nabiullina during the presentation of the report on the “Main directions of the unified monetary policy for 2027-2029” in the state Duma. The slow rise in prices will provide financing for the economy through corporate profits, long-term bank loans and the capital market, she added. The Chairman of the Central Bank also opposed the expansion of concessional loans and pointed to the contribution of the Bank of Russia to protect the interests of both the population and business.
Only a country with low inflation can count on moderate rates, a stable currency and sufficient investment in its future, said the Chairman of the Bank of Russia Elvira Nabiullina during the presentation of the report on the “Main directions of the unified monetary policy for 2027-2029” in the state Duma. The slow rise in prices will provide financing for the economy through corporate profits, long-term bank loans and the capital market, she added. The Chairman of the Central Bank also opposed the expansion of concessional loans and pointed to the contribution of the Bank of Russia to protect the interests of both the population and business.
