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GgoogleRU first seen 4 d ago, last 8 h ago, peak #2

Bank of Russia rate cut hinges on sustained disinflation

Original: банк россии

The Bank of Russia is at the centre of market attention after comments on the outlook for interest rates. Minister Reshetnikov said any cut in the central bank's key rate depends on inflation slowing in a sustained way. Meanwhile, market data showed oil and gas stocks gaining over 9% in September on rising crude prices.

Why now: Investors and the public are watching whether the central bank will begin easing monetary policy as inflation cools.

Bank of RussiaMaxim Reshetnikov

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