MOSCOW May 15 Inflation has almost fallen to
the Russian central bank's target of 4 percent, but this is
mainly due to temporary factors such as a stronger rouble and
good harvest, the head of the bank's monetary policy department
said on Monday, Interfax reported.
Speaking at a banking conference, Igor Dmitriev said that
inflationary expectations remained high, which could fan
inflation in the future, Interfax reported.
Lower inflation opens the door for more rate cuts by the
central bank, but the central bank has been cautious over the
(Writing by Andrey Ostroukh; Editing by Alexander Winning)