Emerging Europe Economics Update
Russian rate cut will do little to spur economy
Today’s decision by the Central Bank of Russia (CBR) to cut its key interest rates by 25bps came as no surprise. But cuts in official interest rates will do little to spur lending in the real economy. The more important point is that, as things stand, the CBR has effectively lost control over monetary policy.
Access to the full article is restricted to Capital Economics clients only.
If you are a client, please log in below to view this article.
Not a client?
To become a client, take a FREE Trial to receive information on services available from Capital Economics.
> Find out more
- Emerging Europe Analyst
- Emerging Europe Economics Focus
- Emerging Europe Chart Book
- Emerging Europe Economics Update
- Emerging Europe Watch
- Emerging Europe Rapid Response
Our service includes
- Publications
- Website access
- Seminars & conferences
Capital Economics
The leading macroeconomic research consultancy
The selected article is from our PUBLICATION NAME HERE publication, which is available as part of our SERVICE NAME HERE service.
SERVICE NAME HERE
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam tortor lacus, fringilla eget vehicula id, sodales at felis. Phasellus porttitor nibh et nisi tempor viverra. Nullam sapien est, varius ut porta vitae, dignissim varius.
> Find out moreSubscribe now
To subscribe to this service, please contact us at our London office on (0)20 7823 5000, our Singapore office on +65 6595 5190 or our Toronto office on +1.416.413.0428. Alternatively please email us at publications@capitaleconomics.com