Maria Pomelnikova

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Last quote by Maria Pomelnikova

[From the central bank's statement] we see it will focus on the more long-term effects of the food import ban, up till now it had only been thought there would be short-term effects. But if the risks are prolonged, or if new risks appear connected to the introduction of new sanctions, and with the geopolitical situation worsening, we can't exclude that the central bank's would take tough monetary policy measures and that interest rates would be raised again.
Sep 12 2014
Maria Pomelnikova has most recently been quoted in an article called Bank of Russia keeps powder dry for future inflation and growth problems. Maria Pomelnikova said, “[From the central bank's statement] we see it will focus on the more long-term effects of the food import ban, up till now it had only been thought there would be short-term effects. But if the risks are prolonged, or if new risks appear connected to the introduction of new sanctions, and with the geopolitical situation worsening, we can't exclude that the central bank's would take tough monetary policy measures and that interest rates would be raised again.”.
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