MOSCOW, June 6. /TASS/. The Russian economy is close to the scenario of balanced growth rates and the Bank of Russia does not see excessive cooldown of the economy, Central Bank chief Elvira Nabiullina said at the press conference.

"We are close to the scenario of balanced rates of economic growth. Speaking about the over-cooldown risk, it should be manifested in something. The risk of economic overheating is materialized in high inflation, growing inflation, in labor market deficit, when the available labor resources were utilized. If we look at these parameters, there is no excessive cooldown," Nabiullina said.

"Our task is to make it so that the path of growth rates deceleration is smooth, so that we move to a situation when we have stable low inflation and sustainable rates of economic growth," the Central Bank chief stressed.