Central Bank of Russia still sees no signs of economy 'overcooling' - - Nabiullina
MOSCOW. June 19 (Interfax) - The Central Bank of Russia still sees no signs of the economy "overcooling," Central Bank Governor Elvira Nabiullina told a press conference.
"The main markers of 'overcooling' that we use - and not just us but most economists everywhere - are inflation falling significantly below target, rising unemployment and falling real incomes. We have none of these markers, and a balanced monetary policy is helping to protect the economy from this situation," Nabiullina said.
"We see no risks of the economy overcooling," she said.