HFA Icon

Credit Suisse: Central Bank of Russia "Cracking" Under Pressure

HFA Padded
Mark Melin
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Russia’s central bank may be “cracking,” A Credit Suisse report claims. When the Central Bank of Russia (CBR) surprised markets in its April 28 meeting by more sharply cutting interest rates than the consensus anticipated, the move didn’t achieve the stated goal. In the end, the nation's interest rate environment is rather attractive for capital inflows.

connection lost 3498366 1280
katevoitova / Pixabay

Central Bank of Russia
Central Bank of Russia interest rates from December 2013 projected through late 2017

Central Bank of Russia says it's looking at inflation, but Credit Suisse says currency and...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here

HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.