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| Bank of Russia cuts rates by 100bp, guides for more cuts |
| Moscow, 20.06.2020 |
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| The Bank of Russia aggressively cut the key rate from 5.50% to 4.50% today, and the guidance suggests that there is more to come. Our initial take is that another 50 basis point cut is highly likely this year, and if CPI continues to underperform the 4.0% target, the key rate may fall to 3.5-4.0% in 4Q20 or 2021
odkaz na stránku |
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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