Shokhin

business

Alexander Shokhin is the president of the Russian Union of Industrialists and Entrepreneurs (RSPP), where he has expressed concerns over Russia's economic conditions, particularly regarding inflation driven by fuel prices. He argues that monetary policy tools like interest rate hikes are ineffective against non-monetary factors such as fuel shortages and emphasizes the need for investment in infrastructure and business-funded protection systems against drone attacks. Shokhin also criticized the Central Bank’s incremental rate cuts as insufficient and called for more aggressive easing.

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