Friday, December 20
Timothy Ash writes from London:
Friday, June 18, 2021
“Inflation is at 9.5% and policy rates only at 7.5%, that is a big negative rate differential…There is a sense also that the Zelensky administration is pulling away from IMF conditionality, so maybe the changes in NBU management made over the past year are finally coming home to roost with a pro growth agenda being rolled out.”
