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Russian Central Bank Expect Key Rate Reduction After Steady Slowdown of Inflation - Head

NAMPA / Sputnik
2025-03-21
MOSCOW, March 21 (RIA Novosti) - The Russian Central Bank can expect a reduction in its key rate only after a steady slowdown in inflation begins, Russian Central Bank head Elvira Nabiullina said on Friday. Earlier in the day, the Central Bank of Russia decided to keep the key rate unchanged at 21% per annum for the third time in a row. "No, a rate cut was not discussed today, and it will be possible to expect a rate cut only after it manifests i......
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