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Capable of reducing inflation expectations

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What can influence to some extent is the harvest, if it significantly the goal in this phase is simple exces the seasonal norm. It can not only increase the seasonal decline in prices, but also hold them back for the following months until the next harvest. Although in this case the influence is temporary, but long-term, . And therefore, it can have some influence on the monetary policy (MP).

The rate release in July, the Central Bank

did not even mention disinflationary factors. Does this indicate that the rate will be rais at the next meeting in mid-September? Is it still likely that it will remain unchang?

— The lower limit of the forecast for the key rate range until the end of the year — 8.5% — allows for the possibility of the rate remaining unchang. But bas, if the board of directors in the release increases brand recognition and visibility allows for the possibility of raising the rate at the next meetings, then there is a chance that this will be done at the next one.

 on previous communication experience

— In order for the rate to remain unchang in the end, some america email disinflationary risks must actually be realiz, which are not currently observ.

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