MOSCOW—The International Monetary Fund has again lowered its growth forecast for Russia and said the central bank should consider a tighter monetary policy if it wants to tame stubbornly high inflation.
The IMF said Tuesday that it now expects Russia’s economy to expand by 2% in 2014, slashing its forecast for the fourth time this year from its initial call for 3.8% growth. This is below the latest forecast of 2.5% growth made by the…
Continued here: IMF Cuts Russia Growth Forecast
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