Nabiullina called the current rate level of the Central Bank necessary to reduce inflation
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- Nabiullina called the current rate level of the Central Bank necessary to reduce inflation
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Nabiullina: the key rate of 21% is needed to achieve the inflation target of 4%
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The current key rate level of 21% is necessary to achieve the 4% inflation target. This was announced on February 27 by the head of the Central Bank of Russia, Elvira Nabiullina, during an annual meeting with the leadership of the regulator, organized by the Association of Banks of Russia.
At the same time, she admitted that the country is currently experiencing a reversal of factors affecting the growth of inflation.
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