UPDATE 1-Russia lowers key rate to 6%, says more cuts still possible in 2020
The Russian central bank lowered
its key interest rate to 6.00% on Friday, cutting the cost of
lending for the sixth consecutive meeting amid slowing
inflation, and said a further rate cut was possible at an
upcoming meeting.
its key interest rate to 6.00% on Friday, cutting the cost of
lending for the sixth consecutive meeting amid slowing
inflation, and said a further rate cut was possible at an
upcoming meeting.
Posted by Reuters
