Chapter Central Bank (Central Bank) Elvira Nabiullina spoke about the significance of the brooches that she wore at press conferences after the meetings of the board of directors of the regulator in 2020 … According to her, each of them was a kind of encrypted message to the financial market, RTVI reports on Saturday, December 26.
“I always wore brooches. This year, I was probably trying to convey our understanding of the situation,” she admitted in an interview Sergei Shnurov .
Nabiullina’s brooches were discussed throughout 2020. The first was the stork jewelry she wore in February. According to the head of the Central Bank, it happened by chance, although earlier journalists asked her what kind of bird she considers herself to be.
In March, Nabiullina put on a tumbler-shaped brooch for a press conference, which was the first time when she tried to convey a certain meaning through jewelry – this was a reference to the measures of the Central Bank to support the financial sector during a pandemic, and at the same time – an advertisement for a new website regulator, where the section with anti-crisis measures was just illustrated with a tumbler.
Speaking about the significance of the bullfinch brooch at the last meeting of the board of directors in 2020, Nabiullina said that this “bird is resistant” and can withstand different frosts.
On December 18, 2020, the Central Bank decided to keep the key rate at 4.25 percent, postponing monetary policy easing for the third time in a row. The reason was that inflation went beyond the forecast: by the end of the year it could reach 4.6-4.9 percent.