MOSCOW, March 21. /TASS/. The Bank of Russia sees that the national economy is on a "soft landing" path and without dramatic changes, central bank chief Elvira Nabiullina said at the press conference after the Board meeting.
"Signs of a moderate slowdown of internal demand gradual easing of strain in the labor market evidence that the economy most probably follows the ‘soft landing’ path, without abrupt changes," Nabiullina said.
The regulator assumes that the sanction pressure against Russia will remain at the same level, the Central Bank chief said. The factor of a potential return of foreign brands was not taken into account because it is hypothetical so far, she noted. "When sound grounds appear, we will be ready to update our forecast, including the projected key rate path," Nabiullina said.