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The Head Of The Russian Central Bank Warned Russians Of The Coming "turbulent Times"

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The Head Of The Russian Central Bank Warned Russians Of The Coming "turbulent Times"
Elvira Nabiullina

The Russian economy is going through a period of "cyclical overheating".

The head of the Central Bank Elvira Nabiullina believes that "very turbulent times" are ahead for Russia. TASS reports her words.

"We have adapted to some external challenges. No, we have very turbulent times ahead," Nabiullina said at the Financial Congress of the Bank of Russia.

Nabiullina said the Russian economy is going through a period of "cyclical overheating with cyclical cooling," which is an inevitable reaction to the deficit of physical resources, including labor.

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