Russian central bank governor Nabiullina speaking in St Petersburg 13 July
- worried that growth remains unstable, low
- low oil prices haven't boosted global growth
- cyber risks threaten financial stability
- asset bubbles persist after easy policies
- oil market continues to suffer from high volatility
- Russia urgently needs structural changes
- external demand wont help Russian economy as much
- need to focus on keeping CPI near target over 5 years
- ave inflation to be near 4%
- sees slow global recovery, CBs tightening
More notes of justifiable caution from a central bank in their 5-year projections.
Russian CB gov Nabiullina - Growth remains unstable
