Economic Development Min sees reasons to cut key rate faster

MOSCOW, Jun 15 (PRIME) -- Russia’s key rate can be slashed faster, Economic Development Minister Maxim Reshetnikov told channel Rossiya 24 on Wednesday.

"We, of course, welcome the reduction steps, but we think that there are reasons to move forward more intensively," Reshetnikov said.

The central bank reduced the key rate by 1.5 percentage point to 9.5% annually on June 10.

End