Free Trial

CBR Governor Sees Room for a Rate Cut in 2H

RUSSIA
  • The Bank of Russia sees room for a rate cut in 2H, Governor Elvira Nabiullina said in an interview to RIA Novosti. The Governor added that “We need to make sure that the slowdown in inflation is sustainable.”
  • The CBR announced yesterday that summaries of each rate decision disclosing more details of discussions will be released one week after rate decisions. As a result, shorter press statements will be released immediately on announcement as detailed information will be provided in the summary.
  • The Bank of Russia will publish a report on banking sector development. Industrial Production data for December will cross at 16:00GMT/19:00 local time (Est: +3.6% y/y; Prior: +4.3%).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.