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Russian Central Bank expects at least one US Fed rate hike this year

September 16, 15:52 UTC+3
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MOSCOW, September 16. /TASS/. Russia’s Central Bank expects at least one U.S. Federal Reserve rate hike by the end of 2016 and does not rule out two hikes, the regulator’s Chief Elvira Nabiullina said Friday.

"We took into account various scenarios of the Federal Reserve’s policy. So far we assume there will be at least one rate hike this year," she said, adding that "there may be two hikes as well."

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