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Russia Returns to Easing, Signals Two More Rate Cuts This Year

  • Majority of economists in Bloomberg survey forecast move
  • Forecasts for inflation, growth cut as global outlook darkens
Russia's Central Bank As Russian Stocks Retreat
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Russia’s central bank shifted solidly to monetary easing, saying its first interest rate cut in more than a year on Friday could be followed by two more in 2019, as inflation slows and growth sputters.