Economist Kuzmin: reducing inflation expectations will reduce inflation
Reducing inflation expectations of citizens and businesses will allow a faster return to lower inflation levels. This opinion was expressed by the head of the analytical department, senior economist of Renaissance Capital Oleg Kuzmin in an interview with Rossiya 24 TV channel.


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📝 Summary
Reducing inflation expectations of citizens and businesses will allow a faster return to lower inflation levels. This opinion was expressed by the head of the analytical department, senior economist of Renaissance Capital Oleg Kuzmin in an interview with Rossiya 24 TV channel.
Inflation is always in the minds of people. “Reducing inflation expectations will affect future spending decisions, wage increases, even foreign exchange decisions. In this regard, the improvement of inflation expectations, of course, will quickly return to inflation at lower levels, said Kuzmin. He added that lower inflation expectations of businesses will also lead to normalization of inflation and balanced price growth.
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