Kirill Tremasov

Russian Central bank sees signs of stabilisation in economy

Russian Central bank sees signs of stabilisation in economy

The Russian economy is now showing signs of stabilisation, the central bank's head of monetary policy said on Tuesday, after taking a hit from unprecedented Western sanctions imposed against Moscow. However, Kirill Tremasov, who …

Tougher monetary policy needed to slow inflation in Russia

Tougher monetary policy needed to slow inflation in Russia

Russia needs to toughen monetary policy to slow inflation and lower inflation expectations, Central Bank Deputy Governor Alexei Zabotkin said on Wednesday, days after the bank sharply raised the key rate to curb growing prices. …