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Nabiullina Uncertain On Next CBR Decision; Rates Close to Trough

CBR

CBR's Nabiullina on Bloomberg TV:

  • INFLATION ACCELERATED IN LAST TWO MONTHS BUT IS SEEN AS TEMPORARY
  • SPACE FOR ADDITIONAL EASING IS STILL THERE
  • GROWT RATE TO FLATTEN IN Q4 2020, 1Q 2021
  • TOO EARLY TO PREDICT DEC. 18 RATES DECISION
  • NEXT YEAR'S SPACE FOR RATE CUTS WILL BE VERY MODEST
  • VERY CLOSE TO TROUGH OF THIS EASING CYCLE
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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