INSUBCONTINENT EXCLUSIVE:
President Vladimir Putins government is pushing Russias Central Bank to be more positive about the countrys economy in the middle of the
invasion of Ukraine and international sanctions, Bloomberg reported on Tuesday.Russian authorities supposedly want the Bank of Russia to
send out a clearer hint that interest rates might come down later this year, Bloomberg said, citing its sources.The head of Russias
Central Bank Elvira Nabiullina and her coworkers were open up to improving projections but up until now unwilling to suggest any
impending relieving fearing inflation, Bloomberg stated
According to Bloombergs sources, the crucial rate will remain at 7.5% for the 3rd time in a row after the Central Banks first board meeting
of the year on Friday.The Bank of Russia, which last cut rates in September prior to embracing a neutral predisposition, has countered
that slower inflation might be short-lived, while the economic scenario is too unsteady to make any concrete projections, Bloomberg
reported, citing sources.Last week, Central Bank First Deputy Governor Ksenia Yudaeva said in an interview that projections may be revised
following changes in the labor market, oil prices and other factors
Neither the federal governments press service nor the Central Bank responded to Bloombergs ask for remark
