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CBR Rate Decision Coming Up (11:30BST/13:30 local time)

RUSSIA
  • The Central Bank of Russia is unanimously expected to stand pat on rates at 16% given persistent concerns over the inflation outlook.
  • The central bank stated in the minutes of its March MPC meeting that there should be no additional directional signal about changes in the level of the key rate at coming meetings.
  • Governor Nabiullina’s post-decision press conference will begin at 13:00BST/15:00 local time.

See our full preview, with sell-side analyst views, here.

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  • The Central Bank of Russia is unanimously expected to stand pat on rates at 16% given persistent concerns over the inflation outlook.
  • The central bank stated in the minutes of its March MPC meeting that there should be no additional directional signal about changes in the level of the key rate at coming meetings.
  • Governor Nabiullina’s post-decision press conference will begin at 13:00BST/15:00 local time.

See our full preview, with sell-side analyst views, here.