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Russia c.bank chief: Inflationary expectations unlikely to reach 4 pct soon
September 15, 2017 / 12:56 PM / 2 months ago

Russia c.bank chief: Inflationary expectations unlikely to reach 4 pct soon

MOSCOW, Sept 15 (Reuters) - Inflationary expectations in Russia are unlikely to reach 4 percent in the near future, Elvira Nabiullina, the central bank’s governor, told a news briefing.

Nabiullina also said that Friday’s decision to cut the key rate by 50 basis points to 8.5 percent was unanimous. (Reporting by Andrey Ostroukh and Jack Stubbs; Writing by Katya Golubkova; Editing by Andrew Osborn)

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