September 12, 2019 / 9:37 AM / 9 days ago

Russian c.bank does not rule out 2019 inflation below 4%

MOSCOW, Sept 12 (Reuters) - The Russian central bank’s monetary policy chief, Alexei Zabotkin, said on Thursday that he does not rule out that 2019 inflation will be below 4%.

Asked if the central bank was mainly considering rate cuts by 25 basis points, Zabotkin told reporters that a 50-bp change would only be justified if the inflation forecast was revised significantly. (Reporting by Katya Golubkova, writing by Maria Tsvetkova; Editing by Kevin Liffey)

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