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Russian central bank says it needs months to make sure CPI falling before rate cuts -RBC

Russian central bank says it needs months to make sure CPI falling before rate cuts -RBC

© Reuters. Russian Central Bank Governor Elvira Nabiullina attends a news conference in Moscow, Russia June 14, 2019. REUTERS/Shamil Zhumatov/File Photo MOSCOW (Reuters) – Russia’s central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate cuts, the bank’s governor Elvira Nabiullina told…

China’s consumer prices fall fastest in 3 years, factory-gate deflation deepens

China’s consumer prices fall fastest in 3 years, factory-gate deflation deepens

© Reuters. FILE PHOTO: People walk along Nanjing Pedestrian Road, a main shopping area, ahead of the National Day holiday, in Shanghai, China September 26, 2023. REUTERS/Aly Song/File Photo BEIJING (Reuters) -China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts…