The Central Bank draws the line: what did Elvira Nabiullina say at the Moscow Stock Exchange forum?

At the Moscow Stock Exchange Forum, the head of the Central Bank of Russia, Elvira Nabiullina, made several important statements concerning the entire economy of the country. Details are provided by TASS.

According to the head of the Russian regulator, the economy of the state for the first time in the history of Russia faced a shortage of labor. Plus, in 2026, the results of a 5-year period with high inflation will be summed up.

"It is naive to think that with higher inflation there will be lower rates," said Elvira Sakhipzadovna.

According to Nabiullina, high inflation does not contribute to the departure of "labor resources to efficient sectors of the economy," but our country needs it. The head of the Bank of Russia also noted the fundamental problem of the country's stock market. According to her, people "with a lot of money" do not invest in it, which needs to be changed.

Another important remark of Elvira Nabiullina is "subsidized loans are killing the capital market."