The monetary policy influences the economy and prices with certain lags, Central Bank chief Elvira Nabiullina emphasized

At its previous meeting in April, the Bank of Russia cut the key rate for the third consecutive time since the beginning of the year, lowering it by 0.5 percentage points to 14.5%…

The Bank of Russia's board of directors will consider the key rate at its next meeting on June 19

The Board of Directors of the Bank of Russia resolved to reduce the key rate by 0.25 percentage point

The Bank of Russia earlier slashed the key rate to 14.25% per annum

The occurred splash of fuel prices affected inflation in June, Central Bank chief Elvira Nabiullina noted

The monetary policy influences the economy and prices with certain lags, Central Bank chief Elvira Nabiullina emphasized

Central Bank chief Elvira Nabiullina believes there will be more certainty in this regard by the next meeting

Analysts and businesses had expected a sharper key rate cut, but inflationary risks are holding back monetary easing, which the Russian regulator gingerly links to the war.