Records file on Gagarin flight fetches nearly $50,000 at Sotheby’sSociety & Culture July 21, 10:00
IMF Executive Board decides on $1.8 billion conditional loan for GreeceBusiness & Economy July 21, 3:34
Earthquake of 6.7 magnitude hits off Turkey’s western coastWorld July 21, 2:58
ExxonMobil launches legal challenge to finding it violated US sanctions against RussiaBusiness & Economy July 21, 1:36
Russian Knights aerobatic team to perform at Dubai airshowMilitary & Defense July 20, 21:28
Russia looks to its Navy to become world secondMilitary & Defense July 20, 19:10
ExxonMobil disagrees with US Treasury Department’s decision to assess fineBusiness & Economy July 20, 18:45
Putin signs decree on Russia’s navy policy until 2030Russian Politics & Diplomacy July 20, 18:39
Putin personally congratulates human rights champion Alexeyeva on her 90th birthdaySociety & Culture July 20, 18:20
MOSCOW, January 30. /TASS/. The Board of Directors of the Bank of Russia approved the reduction of the key rate (1 week repo rate, the source of bank liquidity) by two points: from 17% to 15%, the Central Bank said on Friday.
The decision was made on the basis of changes in the balance of consumer price growth acceleration risks and economic cooldown, the regulator said.
Decision of the Central Bank did not coincide with analysts polled by TASS before the CB meeting. Analysts did not expect the key rate reduction because inflation expectations are still high.