Russia to continue cutting rates amid virus-boosted economic contraction - Reuters poll
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MOSCOW (Reuters) - The Russian central bank will continue cutting interest rates in 2020, as it faces a worsening economic contraction and lower inflationary risks, a Reuters poll showed on Friday.Economic activity in Russia has been pummelled since late March by lockdowns across the country designed to slow the spread of the novel coronavirus.The consensus forecasts of 21 analysts and economists suggested gross domestic product will contract 3.8% in 2020 before growing 3% in 2021.A month ago,..