Interfax: Lower key rate would not boost Russian economy – Central Bank

Russian Central Bank file photo

MOSCOW. May 16 (Interfax) – Lowering the key interest rate in current conditions would not result in growth for the real economy, Dmitry Tulin, first deputy governor of the Central Bank, said in the State Duma, during a discussion of the Central Bank’s annual report. “We take into consideration the factor of the impact of monetary policy on the state […]

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