A central bank official told a Russian newspaper that the key rate may fall further this year if inflation slows quickly.
The central bank’s forecast does not rule out keeping the rate at 18% until the end of the year.
The bank warned that pro-inflationary risks from geopolitics remain.
Russian central bank signals flexibility on rates amid inflation risks
- The Russian central bank may cut rates if inflation slows, but could also hold at 18% through year-end due to geopolitical risks.
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