MOSCOW (Reuters) – Russian Central Bank Governor Elvira Nabiullina said on Thursday that inflation staying high for long enough could undermine the central bank’s credibility, speaking ahead of the next rate-setting meeting on Dec. 17.
Speaking in an interview at the Reuters Next conference, Nabiullina said that a harmful policy mistake would be to underestimate inflation risks.
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(Reporting by Katya Golubkova; writing by Andrey Ostroukh and Alexander Marrow; editing by Jason Neely)
