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RUSSIA: CBR Rate Decision Coming Up (11:30BST)

RUSSIA
  • There is no clear consensus for the outcome of today’s CBR rate meeting. While some analysts predict that stubbornly high inflation and persistent demand-side pressure will warrant a rate hike at this juncture, others note that the CBR have time yet to assess inflation risks and can therefore keep rates unchanged this month.
  • Governor Nabiullina will hold a post-decision press conference at 15:00BST/17:00 local time.
  • See our full preview, with a summary of sell-side analyst views, here.

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