Although there is no rush to lower the central bank's key interest rate, this will lead to an increase in interest rates in the economy and in prices, said the head of the Bank of Russia, Elvira Neviolina.
She also stated that there is no talk of a decline in GDP, but excessive growth in demand could accelerate inflation. According to her, it is important not only to reduce inflation, but also not to prevent the economy from increasing its potential.
As Ms. Neviolina pointed out, there are currently no signs of hypothermia in the economy.