ArticleBody Governor of the Central Bank of the Russian Federation (better known as the Bank of Russia) Elvira Nabiullina remarks:
- says annual inflation could hit around 7% in September, we hope this will be its peak
- inflation could significantly deviate from our 4% target for a prolonged period
- says we “act carefully” when making key rate decision in times of uncertainty
- says inflation to return to 4% target in second half of 2022
Speaking in an interview.
Headlines via Reuters