Certain proinflationary risks declined — Bank of Russia
Business & Economy
June 06, 2025, 18:48
The key rate cut today does not mean any significant softening of monetary conditions, Central Bank chief Elvira Nabiullina added
MOSCOW, June 6. /TASS/. Certain proinflationary risks have become smaller, particularly the risk of longer deviation of the Russian economy from the balanced growth path, Central Bank chief Elvira Nabiullina said at the press conference after the Board meeting.
"Some proinflationary risks have become smaller since the last [Board] meeting. For example, the risk of longer deviation of the Russian economy upward from the balanced growth path," she said.
The key rate cut today does not mean any significant softening of monetary conditions, Nabiullina added.