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Neviolina said opportunities to reduce rates will open up as capacity is restored.

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Interfax · · Source

🇷🇺 Russia · Map

Neviolina said opportunities to reduce rates will open up as capacity is restored.

An excessive increase in demand in the current situation may accelerate inflation; As the capacity is restored, this risk will decrease, and then there will be room to reduce the key interest rate, believes the head of the Bank of Russia, Elvira Neviolina. "In September and October we really didn't even consider reducing the rate, just keeping it.

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