Bank of Russia's stance on interest rates will hinge on future conditions,Central Bank chief Elvira Nabiullina said . At a press conference after recent Board meeting,she stressed making decisions with potential inflation risks in mind for coming months .
Current inflation rates show decline,but Nabiullina cautioned factors could spark inflation again. "Those that may have consistent influence on economy and prices in midterm are particularly important for us," she said . Central Bank's monetary policy operates with lags,so decisions must look ahead .
Nabiullina made clear that no rate change is set for any upcoming meeting. Bank might pause to fully evaluate new data and effects of earlier moves. This careful approach shows commitment to handling economic complexities,while staying alert to potential inflationary threats…
