All news
The Central Bank has allowed a new increase in the key rate
Moscow, October 14, FederalPress. A decision on further interest rate increases may be made at the next meeting of the central bank. This was reported by Deputy Chairman of the Central Bank of the Russian Federation Alexey Zabotkin.
The meeting is scheduled for October 25. It is noted that representatives of the central bank plan to demonstrate a new medium-term macroeconomic forecast.
The base interest rate has been maintained at 16% per annum since the end of 2023, but given rising inflation, active lending rates and inflated inflation expectations, measures were taken to raise the interest rate by 2 percentage points in July. . 18 percent. In September last year, the central bank raised interest rates by 1 percentage point to 19%.
Earlier, the head of the Central Bank Elvira Nabiullina stated whether regulators would raise interest rates further. She also explained what the Bank of Russia hopes to achieve.