Hawk signals of the Central Bank, nationalization of washing machines and amendments to ban cryptocurrencies
The meeting of the Board of Directors of the Central Bank was without surprises - the key rate was saved for the third time in a row at 16%. But the meeting turned out to be remarkably unexpected by a clear hawk signal given by the regulator and its head Elvira Nabiullina. The bet, most likely, will remain high for a long time, and inflation in 2024 will not return to Target 4%, the first Nabiullina admitted. The Bank of Russia left a key rate at 16%.