Russian cenbank sees room for rate cut, deputy head says - Ifax



May 23 (Reuters) - Consumer price growth in Russia has slowed substantially and the central bank sees room for a further cut to its key interest rate this year, Central Bank Deputy Governor Alexei Zabotkin said on Monday, Interfax reported.

The central bank lowered its key interest rate to 14% in a sharper-than-expected move in late April, when it already said it saw room to cut further during 2022.

The next rate-setting meeting is scheduled for June 10.
Reporting by Reuters; editing by John Stonestreet

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