By Central Bank of Russia in Moscow In April-June the disinflation trend unfolded, not least because of volatile and one-off factors. However, underlying inflationary pressures in the economy were up as well, although not considerably. Household and business inflation expectations rose, the Central Bank of Russia (CBR) said in its latest “Talking Trends” economic bulletin. Banks raised interest rates, which was because the Bank of Russia had tightened its monetary policy signals, among other reasons. Nevertheless, demand continued to expand in 2024 Q2 at a pace exceeding the economy’s capacity…