Highlight from the CBR minutes: "Most participants agreed that maintaining the key rate at the next meeting is possible only in the event of a significant slowdown in sustainable inflation and the emergence of factors that can lead to a faster return of inflation to the target [...] Although an increase in the key rate at the next meeting is not predetermined, its probability is very high"

RUSSIA: CBR Say Probability of Rate Hike at Next Meeting "Very High"

Last updated at:Nov-06 13:28By: Hiren Ravji
Russia

Highlight from the CBR minutes: "Most participants agreed that maintaining the key rate at the next meeting is possible only in the event of a significant slowdown in sustainable inflation and the emergence of factors that can lead to a faster return of inflation to the target [...] Although an increase in the key rate at the next meeting is not predetermined, its probability is very high"