The country will nearly meet its consumer price index target in 2024, economist Aleksander Isakov forecasts Inflation in Russia will be lower this year, as the government will nearly meet its 4.0 - 4.5% target, Bloomberg Economics reported on Monday, citing Aleksandr Isakov, its leading expert on Russia and Central and Eastern Europe. Isakov said that if the country’s central bank avoids a sharp reduction of the key interest rate from the current 16%, consumer price index inflation will be in line with objectives. “The Bank of Russia’s key rate has peaked. Policymakers’ next job is avoiding premature easing. While
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