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Friday, July 24, 2020

Russian Central Bank Interest Rate Cut as Expected

With a warning that “in the context of prevailing disinflationary factors, there is a risk that in 2021 inflation might deviate downwards from the 4% target,” officials at the Central Bank of the Russian Federation enacted their fourth one-week repo rate cut of 2020 to 4.25%. Together with reductions of 25 basis points in February, […]

* This article was originally published here

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