EconomyNabiullina on rate cuts and rising prices

Russian Central Bank Governor Elvira Nabiullina told the State Duma that officials should not rush to cut the key rate, warning that doing so could damage the economy and push prices higher. She called sharp price increases the most unfair form of tax. The bank’s baseline outlook has the rate declining in 2027 while remaining in double digits throughout the year.

Bank of RussiaElvira Nabiullinakey interest rateinflation

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TTASS★★★☆☆2026-11-09 15:24Original