Friday, 24 August 2012 07:25 'A group of Duma deputies is seeking to deprive the Central Bank of its interest rate setting powers, saying that it was set up as a tool of the U.S. government, in a move that has provoked hilarity and incredulity among experts. Transferring the ability to determine interest rates to the government will "enliven the Russian economy and create new jobs," said United Russia Deputy Yevgeny Fyodorov, who is also a member of the Duma's Budget and Tax Committee.' Read more: Russian Lawmakers Seek to Strip Central Bank of Independence
Friday, 24 August 2012
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