Central bank Russian Federation (Bank Russia) toughens monetary policy: when to wait for rate increase?

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At the end of 2021 the key rate to Russian Federation, most likely, will be raised to 5,5% at least. It was declared on May 5 by the head of department of corporate finance and corporate managements Finance university, Financial university Ordov Konstantin on Russian information channel "Rossiya 24". "Pro-inflationary risks really prevail. By data Central bank Russian Federation (Bank Russia), they significantly prevail over all other risks that will lead to that this year in the end of the year we most likely will see 5,5% — it is a minimum — a key rate" — Ordov Konstantin declared. "Well and next year Central bank Russian Federation (Bank Russia) sees toughening monetary and credit...

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Ordov Konstantin
Antonova Darya
Bank of Russia
Main activity:Insurance
Finance university, Financial university
Main activity:Activity of hotels and restaurants