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Bank of Russia Cuts Key Rate to 14.25%

|Russia, Iran|1 independent sources

Published by WarSignal Editorial · Last updated

According to the regulator, economic growth continues at a moderate pace after a temporary decline at the beginning of the year

The monetary policy influences the economy and prices with certain lags, Central Bank chief Elvira Nabiullina emphasized The occurred splash of fuel prices affected inflation in June, Central Bank chief Elvira Nabiullina noted The economy continues its moderate growth, Elvira Nabiullina stressed The Bank of Russia earlier slashed the key rate to 14.25% per annum

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Bank of Russia Cuts Key Rate to 14.25% | WarSignal