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2020-09-18T12:35:10.015Z
The head of the Central Bank of Russia Elvira Nabiullina at an online conference following the meeting of the board of directors of the regulator said that the Bank of Russia sees the need to maintain soft monetary conditions next year to stabilize the inflation rate near 4%.
“We take into account that in order to stabilize inflation near 4% on the horizon, next year it is necessary to maintain soft monetary conditions,” TASS quoted her as saying.
She also noted that the Bank of Russia will clarify the indicators of the macroeconomic forecast in October.
Earlier it was reported that the Central Bank kept the key rate at 4.25% per annum.
Source: russiart
