Deputy Chairman of the Central Bank Alexei Zabotkin told the press that the Board of Directors of the regulator does not exclude the suspension of the cycle of easing monetary policy by reducing the key rate, if the incoming economic data indicate a slowdown in inflation, insufficient to achieve the targets.
Zabotkin emphasized that decisions on the key rate will be made based on the analysis of incoming information.
Pauses are quite possible, if there are reasons to believe that to achieve the inflation target requires a longer preservation of monetary policy rigidity," Zabotkin was quoted by Rossiyskaya Gazeta correspondent.
He also noted that the main task of the Bank of Russia is to ensure the dynamics of monetary policy, which is guaranteed to slow inflation to the target level of 4% by 2026. At the same time, Zabotkin allowed the possibility of a more decisive reduction of the key rate at the meeting of the Board of Directors in July, in case of receipt of favorable economic signals, not ruling out a reduction of one percentage point or more at once.
It was reported that before that the Russian government extended the ban on gasoline exports until the end of summer.
he reason why shopping centers may close in Russia was named earlier.