Russian economic growth above potential — Central Bank chief

Business & Economy March 22, 17:56

The Bank of Russia once again decided to maintain the key rate at 16% per annum at its second meeting in 2024

MOSCOW, March 22. /TASS/. The Russian economy is recently growing above the potential, Governor of the Central Bank Elvira Nabiullina said at the press conference after the regulator’s Board meeting.

"The economy is growing above the potential, which is evidenced by remaining increased inflation pressure," Nabiullina said.

The Bank of Russia once again decided to maintain the key rate at 16% per annum at its second meeting in 2024, the regulator said in its press release earlier today.

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