Russia Considering Either Rate Hike or Hold at Dec. 14 Meeting - Elvira Nabiullina
Wednesday, 28 November
“There are a lot of factors that we will be taking account,” Central Bank Governor Elvira Nabiullina says at press conference at VTB Capital Investment Forum "RUSSIA CALLING!".
Emerging market situation has stabilized, sanctions expectations have eased, but oil prices have declined.
Inflation is close to target and returned there from earlier lows more quickly than expected, but inflation explanations “remain elevated,” after rising again in November.