A 1.5% - 2.5% growth rate requires a 73% increase in interest rate? You are going to find yourself extremely lonely in that theory.
"We raised the rate due to the appearance of inflation risks and will keep it at high levels for quite a long time, until we are convinced of the sustainable nature of the inflation slowdown," the bank's governor, Elvira Nabiullina, told a press conference.
Not a surprise, he also buys Russian mod numbers, BTW , gdp could be up considering all the govt spending on the war, but 6% inflation not a chance
Either way I imagine the numbers are far worse, he got some ships, S-400s to replaceand 1000 T-14s to build…. more GDP, good times are here to stay
Master economist as well as strategist