Business · Economy · 4 hrs ago

Russia's new budget allows more monetary easing, official says

Russia's new budget allows more monetary easing, official says

A Russian central bank official said the country's new budget allows more monetary easing.

The official also said the budget is not the only factor.

The statement links Russia's budget to decisions about monetary policy.

It does not identify the other factors involved.

It gives no details about the budget or the kind of easing being considered.

It also does not say what decision the central bank will make next.

Sources

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