Global Economy

CBR Governor says expects clarification of budget parameters by the end of September, Tass reports; the accelerating of price growth in the summer months was mainly caused by the situation in the fuel market

StockNow breaking-news AI analysis

The CBR expects budget clarity by September's end and sustained disinflation to resume, maintaining that key rate cuts require confirmed easing in persistent inflation without raising targets.

News detail

Expects a sustainable decline in inflation to resume. To cut the key rate, confidence is needed that the decline in persistent inflation has resumed. Not considering raising the inflation target.

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