Press Spokesperson of the Prime Minister of the Russian Federation Boris Belyakov said that the publications of the Bloomberg agency regarding the allegations that the government is pressuring the Russian Central Bank to lower interest rates are not true. It has been reported DEA News.
According to him, the Cabinet of Ministers and the Central Bank of the Russian Federation are in constant contact, including the development of measures to support the economy in the face of sanctions and acting within their mandate and functions.
According to Belyakov, business and citizens react sensitively to such publications, which, according to him, are stuffing and speculation, and their main purpose is to influence the development of the situation in the economy.
Earlier, Bloomberg, citing sources familiar with the discussion, reportedThe Russian government’s Central Bank is trying to relax monetary policy and make more optimistic economic forecasts.
The publication noted that, against the background of the regulatory board’s meeting on February 10, 2023, the government expects a clearer signal from the Central Bank to cut the key rate this year. However, the head of the Central Bank, Elvira Nabiullina, does not want to lower the rate for fear of rising inflation.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.