“As for the Fed rate cut, in general, I believe that this is a recognition of the negative impact of the coronavirus, including the coronavirus, on the international economy, which everyone is talking about now,” he said.
Moiseev added that lower rates would support economic growth.
“The Russian economy is an integral part of the world. Therefore, the better the global economy, the better the Russian one, ”RIA Novosti quoted him as saying.
On March 3, the US Federal Reserve lowered its key rate to 1-1.25% per annum from 1.5-1.75%. The ruble and stock indices strengthened against this background.
US President Donald Trump urged the regulator to continue to cut rates.