Bank of Russia Turning Heads, Not Changing Minds as Easing Seen

  • Most economists predict half-point rate cut at meeting Friday
  • Governor vowed ‘moderately tight’ policy in unscheduled speech

Elvira Nabiullina, governor of Russia's central bank, looks on during a panel session on the opening day of the St. Petersburg International Economic Forum 2016 (SPIEF) in Saint Petersburg, Russia, on Thursday, June 16, 2016. The 20th anniversary St. Petersburg International Economic Forum brings together heads of state and governments, political leaders, leading experts and global company executives and runs from June 16-18.

Photographer: Simon Dawson/Bloomberg

Bank of Russia Governor Elvira Nabiullina isn’t about to spring any more surprises. At least that’s the consensus of analysts for now.

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