Russia Bank Cuts Rates, But Does So Cautiously


Russia Bank Cuts Rates, But Does So Cautiously
BY ANDREY OSTROUKH
The Wall Street Journal Europe
Jun 16 2015

MOSCOW—The Bank of Russia cut interest rates on Monday for the fourth time this year to check Russia’s economic contraction, but the central bank warned that inflationary risks limit the scope for further monetary easing. The bank cut its key rate by…read more…

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