Mordashov said that the current Central Bank rate “slows down any development”
Raising the key rate slows down business development – this leads to a slowdown in the economy and increases inflation. This was stated by the main beneficiary of Severstal, Alexey Mordashov, at a meeting of the board of the Russian Union of Industrialists and Entrepreneurs (RSPP). Quotes from his speech publishes RBC.
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