Bank of Russia Considers Key Rate Hike at Upcoming Meeting
Friday, 13 September 2024, 06:29
Potential Key Rate Increase
The Bank of Russia doesn't rule out raising the key rate in its upcoming meeting. Recent discussions have pointed towards necessary adjustments to tackle inflation effectively.
Regulation Impact
- The Bank's decision to raise the key rate by 1 percentage point to 19% per annum is pivotal.
- According to the chief, this change is intended to strengthen measures against inflation.
- Future adjustments will depend on economic indicators and ongoing trends.
For continuous updates on financial regulations and market impacts, stay tuned.
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