The BC Noted that a Longer Period of Hard-Core DMS Was Needed to Recover Inflation by 4%.
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The return of inflation to the 4 per cent target will require a longer period of moderate monetary conditions, stated the head of the Bank of Russia, Elvira Nabiullin. "Inflation remains stable, inflationary expectations in the economy remain high, near the maximum of recent years.
️Key takeaways from the statements of Governor of the Bank of Russia Elvira Nabiullina at the press conference after the Board of Directors' meeting:
▪️Longer period for the moderately tough monetary conditions will be required▪️Inflation expectations of Russian households are close to their maximums over two years▪️Investments continue to recover in the national...
The Bank of Russia will have to maintain moderate monetary conditions longer in order to return inflation to the target 4% in 2027, as warned by the head of the Central Bank, Elvira Nabiullin, at a press conference following a meeting of the board of directors of the regulator.
The BC of the Russian Federation will need a longer period of moderate monetary conditions (RMC) for a steady return of inflation by 4 per cent, stated chapter ... 23.10.2026, PRIM
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