present for comprehensive outreach as a way of b2b promotion discussion. Specific decisions regarding the admissibility of combining different types of activities will be made bas on the results of an analysis of the positions of all interest parties.
When the range of rate decisions is wide, trying to adjust expectations can be harmful
The Bank of Russia, which rais its key
rate by 3.25 percentage points (pp) this year, continues to convince everyone of the strictness of its future intentions: the regulator’s task is to return inflation to the target, and it will not deviate from this path. Deputy Chairman of the Central Bank Alexey Zabotkin spoke about the range of rate decisions at the December meeting of the board of directors, about discrepancies with the market in interpreting data, the ne to adjust signals before meetings on monetary policy, an assessment of the current situation with inflation and views on its future dynamics in an interview with Interfax.
— The October decision to raise the rate
by 75 basis points, as the Central Bank explain earlier, was due not only to the inflation dynamics, but, above all, to the situation with inflation expectations and a significant revision of the forecast. According he also highlight the significant to the head of the Central Bank, “we are not in the fine-tuning zone.” Does alb directory this mean that we will not see the standard step of 25 points at the next meetings? Under what conditions will the regulator return to the “fine-tuning” zone?