Russian Central Bank could slash interest rates if eсonomy contracts in 2013
Reducing Central Bank interest rates is a possible option if economic growth slows down and unemployment rises says Elvira Nabiullina, newly appointed head of Russia's Central Bank. "Specific decisions on interest rates should be made after all factors …
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Euribor rates unchanged as markets decipher European Central Bank message
ECB President Mario Draghi said last Thursday the bank's policymakers decided to leave rates on hold after an extensive discussion, but they would "monitor very closely" all data and stand "ready to act" to boost the recession-hit euro zone. (Pic …
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