I also want to point out that, as you can see from the graphic, the next Key Rate decision is coming up soon. It will be the end of next week.
That means the Central Bank has to say what ever it wants to, THIS WEEK.
That means the Central Bank has to say what ever it wants to, THIS WEEK.
Comments
FUBAR
'Effed
NO ONE KNOWS WHAT WILL HAPPEN UNTIL THE MEETING.
But, it’s still important to understand what people are saying. Because it impacts the markets.
Now, that seems insane…it just does. Even “official” inflation is still going up.
https://www.cbr.ru/eng/
Everyone in my office looks at me weird when I wish them happy russian central bank meeting week