Russia, trimming key rate to 6.25%, says more cuts possible but not imminent
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MOSCOW (Reuters) - The Russian central bank lowered its key interest rate to 6.25% on Friday amid slowing inflation and said further rate reductions in the first half of 2020 looked possible but not imminent.Friday's rate cut was in line with market expectations and became the fifth in 2019. A Reuters poll this month predicted the central bank would trim the rate by 25 basis points, taking this year's cumulative rate reduction to 150 basis points."We will consider the necessity of further key..