07.07.2026, 09:52
In Russia, they gave a forecast for the key rate
Source: OREANDA-NEWS
OREANDA-NEWS At the next meetings, the Board of Directors of the Central Bank (CB) is likely to continue its policy of easing monetary policy, but the steps will be cautious. This forecast was given by Anatoly Aksakov, head of the State Duma Committee on the financial market, as quoted by RIA Novosti.
Four more meetings of the regulator's management are planned by the end of this year, the parliamentarian recalled. The next one is scheduled for July 24. According to its results, the Central Bank will either keep the key rate at the current level, or reduce it by 0.25 percentage points (pp) to 14 percent, Aksakov summed up.
By the end of December, according to his expectations, the bar will drop to 12 percent. A sharper decline cannot be expected against the background of external and internal inflationary factors, he stated. "If the key rate of 12 percent is reached by the end of the year, then this is a good indicator," Aksakov concluded.
Following the results of the June meeting, the Board of Directors of the Central Bank lowered the key rate by 0.25 percentage points to 14.25 percent. The regulator explained the cautious decision by the growth of government spending in the next three years, as well as the increased inflation expectations of Russians. These factors, the regulator noted, may require a higher trajectory of the key rate in the foreseeable future.
Four more meetings of the regulator's management are planned by the end of this year, the parliamentarian recalled. The next one is scheduled for July 24. According to its results, the Central Bank will either keep the key rate at the current level, or reduce it by 0.25 percentage points (pp) to 14 percent, Aksakov summed up.
By the end of December, according to his expectations, the bar will drop to 12 percent. A sharper decline cannot be expected against the background of external and internal inflationary factors, he stated. "If the key rate of 12 percent is reached by the end of the year, then this is a good indicator," Aksakov concluded.
Following the results of the June meeting, the Board of Directors of the Central Bank lowered the key rate by 0.25 percentage points to 14.25 percent. The regulator explained the cautious decision by the growth of government spending in the next three years, as well as the increased inflation expectations of Russians. These factors, the regulator noted, may require a higher trajectory of the key rate in the foreseeable future.
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