EconomyCentral Bank chief says no intention to keep rate at level economy cannot bear for long
Bank of Russia Governor Elvira Nabiullina says the regulator will not keep the key rate at a level the economy cannot withstand for long, warning that this could raise unemployment and reduce real incomes. She says monetary policy will be eased and the rate lowered under the inflation-targeting framework, after the bank held it at 14%.
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TASS★★★☆☆2026-09-11 15:04Original
Central Bank chief says no intention to keep rate at level economy cannot bear for long