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RUSSIA: CBR Rate Decision Coming Up (10:30GMT/13:30 local time)

RUSSIA
CEEMEAEM BulletRussiaBulletEmerging Market News
  • The CBR is expected to hike its key rate again this month amid a lack of improvement across the main inflation indicators.
  • The rate decision itself is at 10:30GMT/13:30 local, with Governor Nabiullina’s press conference scheduled for 12:00GMT/15:00 local.
  • As per a Bloomberg survey, 10 out of 12 analysts expect a rate hike, though estimates range from a hike of as small as 100bps to as large as 300bps. See our full preview, with a summary of sell-side analyst views, here.
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  • The CBR is expected to hike its key rate again this month amid a lack of improvement across the main inflation indicators.
  • The rate decision itself is at 10:30GMT/13:30 local, with Governor Nabiullina’s press conference scheduled for 12:00GMT/15:00 local.
  • As per a Bloomberg survey, 10 out of 12 analysts expect a rate hike, though estimates range from a hike of as small as 100bps to as large as 300bps. See our full preview, with a summary of sell-side analyst views, here.