Russia’s Ailing Consumers Keep Door Open for Nabiullina to Ease
There may be a silver lining for the Bank of Russia in another batch of grim consumer data.
While Governor Elvira Nabiullina has set a course for monetary easing to match slowing inflation, policy makers last month paused their easing cycle for the first time in 2015. The scales may be tipping in the favor of another cut this year as Russia ...
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