CBRT Quarterly Inflation Report: Q3 economic activity recorded a v-shaped recovery
- As of August, actions taken in monetary policy and liquidity led to a tightening of financial conditions
- Inflation trend for rest of 2020 is seen higher than forecasts
- The tight policy will continue until a significant improvement in inflation is seen
- Raise 2020 end inflation estimate to 12.1% vs. Prev. 8.9%
- No FX rate target
- Focus needs to be on average funding levels
28 Oct 2020 - 07:38- Fixed Income- Source: Newswires
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