Skip to main content

Russian MPC more dovish, but rate cuts still some way off

The statement by the Russian central bank following its decision to leave the one-week repo rate on hold today was dovish, but less so than what the markets seem to have expected. The Council’s evident ongoing concerns about inflation risks mean we remain comfortable with our view that the easing cycle won’t resume until later in the year.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access