• Russia Central Bank governor Nabiullina says will cut rates gradually, will make pauses

Noticias del mercado

15 diciembre 2017

Russia Central Bank governor Nabiullina says will cut rates gradually, will make pauses

  • More confident now that inflation will be steady

  • It's important for inflation that food prices are less volatile than in 2017

  • Inflation expectations now anchor at 4 pct

  • See oil prices averaging $55 in 2018

  • Ups 2018 gdp growth forecast to around 2 pct from 1.0-1.5 pct

  • Says 50 bps rate cut fits C.Bank gradual monetary easing policy

  • Will cut rates to 6-7 pct over a year or two

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