Stricter parameters of the federal budget for the next three years…
Stricter parameters of the federal budget for the next three years may be positively received by the Central Bank of Russia, however, a single budgetary factor is insufficient to resume the reduction of the key rate.
Coverage (5 sources)
- Ministry of Finance believes that a reduction in the cut-off price will allow replenishing the liquid part of the FNB for another three years — Интерфакс
- Central Bank noted that the budget project gives a smaller impulse to demand compared to July forecasts — Интерфакс
- Pyanov: the decision on the Central Bank rate in December may become a 'Christmas gift' — Ведомости
- At VTB, there is no expectation of resuming the Central Bank's rate cut in October — Интерфакс
- Pyanov: budget may positively affect the Central Bank's decision on the key rate — Фонтанка
Key entities
- Bank of Russia
- CB
- VTB
- INTERFAX.RU
- Dmitry Pyanyov
- Moscow
- Ministry of Finance
- FNB
- State Duma
- Fund for National Wellbeing
- Dmitry Pyanov Moscow
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