Nabiullina Warned of a Threat to the Economy when the Rate Fell in Haste.
5 Articles
5 Articles
The head of the Bank of Russia, Elvira Nabiullina, stated that it was not necessary to rush down the key rate because it could lead to price increases and damage the economy. "As long as the key rate fell, it would have been counterproductive: rising interest rates in the economy, rising prices, new difficulties for our enterprises, and the complexity they already have, and to start all over again, not only would it have been unforgivable – it w…
The head of the Bank of Russia, Elvira Nabiullina, acknowledged that the expert community did not exert pressure or rush to lower the key rate; TASS provides details.
There are no signs of a chilling of the Russian economy, there is a moderate growth, and the head of the Bank of Russia, Elvira Nabiullin, stated at a joint meeting of the State Duma Committees to prepare for the consideration of the Basic Directions of the Unified State Monetary Policy for 2027 and the period 2028 and 2029. She explained the break in the key rate, assessed the staffing deficit and the inflation situation. "Vedomists" collected …
The Bank of Russia's key rate will continue to decline in 2027, but it will remain double-digit throughout the year, as announced by the head of Central Bank Elvira Nabiullin during a performance in the State Duma.
As long as we can't hurry to lower the key rate, this would have led to higher interest rates in the economy and prices, said the head of the Bank of Russia, Elvira Nabiullin.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
