The CBR does not exclude optimistic reaction of the markets to the rate cut by the fed

The CBR does not exclude optimistic reaction of the markets to the rate cut by the fed


According to the head of the Central Bank, some experts believe that the increase in rate may create an optimistic background that could be perceived by markets as a signal that the us and world economy is steadily growing.

MOSCOW, 10 Oct. The rate increase, the fed can increase market volatility, but is possible that it may cause optimistic reaction of the markets, said the head of the Bank of Russia Elvira Nabiullina.

The Federal reserve system of the USA, most likely, will raise the refinancing rate this year, said in late September the head of the regulator Janet Yellen.

“Of course, (in the case of the fed rate hike) may increase volatility, but some experts say that the increasing rate may be perceived by the markets as a signal that the us and world economy is steadily growing, and it can create a kind of optimistic background”, — said the head of the Central Bank Monday on the air of “Russia 24”.

“We are ready for any scenario, and if excessive fluctuations, we have a whole set of tools that we can influence”, she added.