Inflation slowdown, prospects of key rate reduction: statements by Central Bank chief
Federaţia Rusă
The Bank of Russia sees that inflation is slowing down faster than expected ST. PETERSBURG, July 2. /TASS/. Inflation slowdown below the target will provide room for the key rate reduction, Central Bank Governor Elvira Nabiullina said at the Financial Congress of the Bank of Russia. Structural changes in the Russian economy are faster than expected, she said. However, it is difficult to find a solution to ensure a decline in inflation and avoid overcooling of the economy. Turbulent times lie
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