• Bank of Russia says the assessment of inflation risks has not changed significantly, save for the risks posed by the labour

Market news

23 March 2018

Bank of Russia says the assessment of inflation risks has not changed significantly, save for the risks posed by the labour

  • In this environment the bank of Russia will continue to reduce the key rate and will complete the transition to neutral monetary policy in 2018

  • The bank of Russia will also monitor risks posed by external factors, considering the episodes of increased volatility in the global markets

  • Slowdown of annual inflation may continue in the first half of 2018

  • The bank of Russia will pay particular attention to the situation in the labour market

  • Economic growth resumed in early 2018, following the decline due to temporary headwinds in late 2017

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