FILE PHOTO: Elvira Nabiullina, Governor of Russian Central Bank, speaks during an interview in Moscow, Russia June 27, 2019. REUTERS/Evgenia Novozhenina/File Photo
December 2, 2021
MOSCOW (Reuters) – Russian Central Bank Governor Elvira Nabiullina said on Thursday that inflation staying high for long enough could undermine the central bank’s credibility, speaking ahead of the next rate-setting meeting on Dec. 17.
Speaking in an interview at the Reuters Next conference, Nabiullina said that a harmful policy mistake would be to underestimate inflation risks.
To watch the Reuters Next conference please register here https://reutersevents.com/events/next/
(Reporting by Katya Golubkova; writing by Andrey Ostroukh and Alexander Marrow; editing by Jason Neely)
Source: One America News Network
