Gleb Pokatovich First Deputy Head
Improvement in inflation rates opens additional opportunities for the CB, but we cannot speak about a reduction of the prime rate by more than 25 basis points before the end of the year.
On Wednesday, the Central Bank of Russia issued a report on its money and credit policy. The document notes some progress in the government’s fight against the growth in consumer prices. The easing of money and credit policy is determined by inflation expectations.
Leonid Grigoryev Chief Adviser to Head of the Analytical Center