MOSCOW, July 26.
/TASS/. The Bank of Russia cuts the key rate by 25 basis points to 7.25%,
noting continued inflation slowdown, the regulator says in its press release.
"Inflation
slowdown is continuing. At the same time, inflation expectations remain
elevated. Russian economy’s growth rate is coming in lower than the Bank of
Russia’s expectations," the Central Bank says.
Poor economic
activity along with temporary factors limits inflation risks over the short
term horizon, the Bank of Russia notes.
Source: ITAR-TASS
27-07-2019
