Goldman Versus Barclays on Russia Has Ruble Traders at Wits' End

  • Goldman sees further 500 basis points of rate cuts by 3Q 2016
  • Barclays warns weaker ruble threatens to spur inflation

Traders in the ruble aren’t getting much help from Russian policy makers on its future direction, with some of the biggest banks drawing different conclusions from last Friday’s interest-rate decision.

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