CBR still not ready for further tightening – BBH

CBR still not ready for further tightening – BBH

8 April 2016, 15:50
Vasilii Apostolidi
0
26

Analysts at BBH have assessed the recent stance by the Russian central bank.


“Russia’s central bank tilted a bit more dovish. GovernorNabiullina said an improving inflation outlook will allow the bank to undertake steeper monetary easing without putting financial stability at risk”.

“Still, she cautioned that one-off factors were largely responsible for the recent slowdown of inflation”.

“The next policy meeting April 29 may be too soon to start the easing cycle”.

Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 

Share it with friends: