“Recent events show that inflation is already on target at around 4%.
Nevertheless, the development of the pandemic, the latest data suggest that disinflationary factors will most likely prevail next year and at the end of this, and we really see some more space for easing monetary policy, ”RIA Novosti quotes her.
Earlier it was reported that the Bank of Russia expects a peak in annual inflation in February-March 2021.
On October 23, the Bank of Russia kept its key rate at 4.25% per annum for the second time in a row. The Board of Directors of the Central Bank explained this decision by the need to limit the inflationary risks that have increased recently. At the same time, the regulator has improved the forecast for the decline in the Russian economy in 2020.