Bank of Russia easing could 'jeopardise' inflation anchor


The IMF today encouraged the Bank of Russia to keep monetary policy "geared towards achieving inflation objectives" and warned that providing stimulus could "jeopardise newly minted macroeconomic anchors".

Russian annual growth fell to 1.6% in May, and analysts have suggested the central bank is coming under pressure to accord greater priority to growth in its policy-making.

In its latest Article IV consultation with Russia, released today, the IMF attributes the decline in economic activity to

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: