Sberbank president German Gref expressed hope that the Central Bank will ease monetary policy in the next six months. This was reported by RIA News.
“Yes I am waiting [смягчения денежно-кредитной политики через полгода]”” Gref answered the relevant question, according to reports TASS.
German Gref also spoke about the upcoming decision of the Central Bank before the meeting of the Central Bank of Russia. Later, Sber’s president called the rate increase a short-lived story.
“I think it’s not a very long story. The regulator has learned to work with such inflationary swings. I have a feeling this won’t last long. It seems to me that they will seriously go further. I think it will become clear in three months how the situation will develop,” Gref told reporters on the sidelines of the Eastern Economic Forum.
The Central Bank of Russia at its meeting on September 15 raised Up to 13 percent annual rate.
Formerly Turkey’s regulator gone Sharp tightening of monetary policy.