Saturday, July 11, 2015

US bank Morgan Stanley improved outlook for the Russian economy – Express-News

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11.07 | 21:06

Analysts at Morgan Stanley acknowledged that the Russian economy is growing stronger. According to Interfax, it became clear after they have greatly improved the main indicators of the economy, as well as a forecast of Russia’s GDP in 2015-2016.

As for the main index, the fall in GDP in 2015, this component has been improved and -5% to -4.2%, and by the end of 2016 expects that he does grow up to -1.2%. The price of oil, according to authoritative experts, should also go up to the end of 2015 to $ 62 per barrel, and in 2016 to reach the level of $ 67 per barrel. Good forecast analysts give also on inflation, despite the fact that, on average for the year it will amount to 15.2% by the end of the year it will be at a level no higher than 12%.

Well, main forecast of analysts Morgan Stanley is a key indicator of rates they are confident that by the end of 2015. The central bank allow itself to reduce it to 250 basis points, which will reach the level of 9% per annum, and it is possible that by the end of 2016, the key rate lose another 100 basis points.

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