According to her, soft monetary policy, together with a package of anti-crisis measures, contributed to the economic recovery after the acute phase of the crisis.

“According to our estimates, we consider the potential for easing monetary policy to be exhausted,” RIA Novosti quotes Nabiullina.

The head of the Central Bank noted that, on average, during 2021, the policy will remain soft, but its further easing may lead to an additional increase in pro-inflationary risks.

On February 12, the Bank of Russia for the fourth time in a row kept its key rate at 4.25% per annum.