Christopher Granville

Managing Director, EMEA and Global Political Research
+44 20 7246 7867

Madina Khrustaleva

Analyst, Russia & FSU Research
+44 20 7246 7885

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Recent Russia research

* Russia: Nabiullina takes the controls, 11 Oct 2017
* Russia: US sanctions – a contrarian case, Christopher Granville, 28 Jul 2017
* Russia: Rates outlook – the key revealed, Christopher Granville, Madina Khrustaleva, 20 Jul 2017
* Russia: End of Putin revisited, Christopher Granville, 30 Jun 2017
* Russia: Geopolitics less bearish than oil, 23 Jun 2017

See all our Russia research >>

Russia: Rates outlook – the key revealed

Overview

Based on guidance from the Central Bank of Russia (CBR) about real interest rates, investors can look forward to 250bps of further rate cuts as and when inflation, which has now fallen close to the 4% target, becomes more securely anchored at that level. In this note, we offer a new angle on how to gauge the timing of this potential...

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