The Russian economy is at a turning point - Nabiullina

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In the coming months, the regulator expects a slowdown in the growth of the loan portfolio, a decrease in demand. This will lead to a slowdown in inflation in real time, said the head of the Central Bank.

- Then we see a reversal of the indicator and annual inflation. This will be a confirmation that monetary policy has reached the required rigidity in order to curb price growth, taking into account all the circumstances that affect inflation," Nabiullina said. 

Recall Nabiullina  also called conditions for reducing the rate.