March 23, 2018 / 12:58 PM / a month ago

Russian c.bank governor says rate cuts will be smooth, predictable

MOSCOW, March 23 (Reuters) - The timing of further Russian interest rate cuts will be guided by the need to make them smooth and predictable, Elvira Nabiullina, Russia’s central bank governor, said on Friday.

She said she could not rule out that there would be a pause in rate cuts during the cycle. (Reporting by Andrey Ostroukh and Jack Stubbs Writing by Christian Lowe Editing by Andrew Osborn)

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