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IN BRIEF: Slowing economic growth, lower inflation — Central Bank highlights
The current economic situation sets the general direction for reducing the key rate, Elvira Nabiullina said
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Bank of Russia lowers key rate from 18% to 17% per annum
The regulator noted that it intends to maintain such a level of monetary policy strictness as necessary to bring inflation back to target by 2026
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Central Bank chief says general direction for reducing key rate in Russia has been set
Elvira Nabiullina said inflation fell significantly since the beginning of the year
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IN BRIEF: Slowing economic growth, lower inflation — Central Bank highlights
The current economic situation sets the general direction for reducing the key rate, Elvira Nabiullina said