Bozhechkova, Alexandra - 2015
On 30 April 2015, the Bank of Russia reduced the key interest rate from 14% to 12.5% per annum, noting in this … connection that the inflation risks had become less pronounced, but that the risks of a more significant cooling of the economy … level. As a result, the inflation index in April 2015 amounted to 16.4% of its April 2014 level, thus having declined for …