Putin orders Defense Ministry and FSB to ensure protection of Russia’s interests in ArcticRussian Politics & Diplomacy March 29, 21:46
Kiev aware of few chances to win in debt lawsuit case — envoyBusiness & Economy March 29, 20:52
Russian top diplomat dismisses claims about human rights violations in Crimea as liesRussian Politics & Diplomacy March 29, 20:23
Moscow suspects Jabhat al-Nusra could be used to topple AssadRussian Politics & Diplomacy March 29, 19:58
Lavrov reiterates there are no facts substantiating Iran’s links to terroristsRussian Politics & Diplomacy March 29, 19:40
Russia to upgrade helicopter protection system based on Syrian experienceMilitary & Defense March 29, 19:00
Lavrov says Ukrainian president wants to bury Minsk agreementsRussian Politics & Diplomacy March 29, 18:57
FIDE executive says Ilyumzhinov himself to blame over media buzz on his resignationSport March 29, 18:46
Russian top diplomat says Moscow ready to develop relations with WashingtonRussian Politics & Diplomacy March 29, 18:37
MOSCOW, March 3. /TASS/. Inflation slowdown above the forecast and positive trends in the economy are keeping the room for key rate reduction in the first half of 2017, the Bank of Russia said on Friday.
"Considering positive trends in the economy against inflation slowing down slightly higher than projected, the potential is kept to reduce the key rate in the first half of the year, although it is still limited by presence of inflation risks," the regulator says.
The board of directors of Russia’s Central Bank decided to keep the key rate at 10% per annum and highlighted diminished potential for further reduction of the rate in the first half of this year at its latest board meeting on February 3, 2017.
The next meeting of the Central Bank’s board to review the key rate is scheduled for March 24, 2017.