Economics
Russia Inflation Respite Has Market Seeking Clues on Easing
- Central bank seen keeping interest rates on hold on Friday
- Risk of inflation peaking at 6% has probably subsided
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With the Russian central bank all but certain to hold fire at its interest rate decision on Friday, investors are instead watching closely for any hint from Governor Elvira Nabiullina that the inflation danger from a recent tax hike is over, paving the way for monetary easing.