Date: 7 days ago   Category: Finance

The head of the Central Bank has urged not to be afraid of increase in a key interest rate — Rambler News Service


The head of the Central Bank has urged not to be afraid of increase in a key interest rate
Photo: RIA News/Ekaterina Lyzlova Shouldn't be afraid of some increase in a key interest rate of the Central Bank, quick reaction of the Bank of Russia limits growth of inflationary risks on the future and creates conditions for monetary policy mitigation in the future, the head of the Bank of Russia Elvira Nabiullina has said. "You shouldn't be afraid of such steps of monetary policy as some increase in a key interest rate because quick reaction of the Bank of Russia limits growth of inflationary risks on the future and creates conditions for monetary policy mitigation, according to us at the end of 2019 beginning of 2029. Kind of paradoxically it didn't sound, but more expeditious increase in a rate reduces probability of her more substantial increase in the future", - she has said. She has also noted that, despite increase in a key interest rate in September, she remained is close to neutral range. "In circumstances of the increased uncertainty the bank of Russia will consider expediency of further increase in a key interest rate, to estimate dynamics of economy, inflation, concerning the forecast and also risks from external conditions and reaction to them of the financial markets", - Nabiullina has added. In September the board of directors of the Bank of Russia for the first time since 2014 has raised a key interest rate. Increase has made 0,25 items, now the level of a key interest rate is 7,5%.

URL:

The Bank of Russia knows about the hacker attacks perfect to banks on behalf of the Central Bank, RNS in the press service of the regulator reported. "The Bank of Russia knows of these attacks. Participants of information exchange with FINTSERT were warned about them" — told in the Central Bank. The Bank of Russia reminded that "since July FINTSERT...


Photo: globallookpress.com/Stefan Sauer Twenty deputies of the Verkhovna Rada of Ukraine in the open letter to German Chancellor Angela Merkel criticized the Nord Stream — 2 project and supported the...


In China construction of the longest in the world of the two-storeyed suspension bridge in the world began on November 15, reports the Xinhua agency. According to one of project engineers, the construction, as expected, will be completed in October, 2019. The bridge will be built through the Yangtze River in Ukhani — the capital of the Province of...


Photo: Stojan RBC Holding carries out by Vasev/TASS internal reorganization of editorial teams because of development of projects of paid access to an editorial matter, the press secretary of RBC Egor...


Photo: Hacker groups carried out by globallookpress.com/Julian Stratenschulte two attacks to the Russian banks on behalf of the Central bank and structure of information security of the Central Bank,...


RusHydro will place issue of eurobonds in offshore Chinese yuans (dimsam-bond) of 1.5 billion yuans, it is said in the statement of the company. "RusHydro successfully completed the formation of the bid book for placement of debut issue of eurobonds in the Chinese yuans. The release of RusHydro of three-year dimsam-bonds of 1.5 billion yuans confir...