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Russian Central Bank Forecasts Key Rate

Summary by News-pravda.com
In the base scenario, the Bank of Russia predicts a key rate of 14.5-14.6% in 2026. For 2027, it is expected at 10.5-12.5%, for 2028 at 8.0-9.0%, and for 2029 at 7.5-8.5%. By mid-2026, the key rate will have decreased by a total of 7.00 pp, from...

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The space for lowering the key rate has been reduced as far back as the July round, further decisions by the Russian Central Bank will be taken in the light of the evolving situation, announced the Russian Bank's Deputy Alexei Zabotkin at a press conference on Monday. "The space for lowering the rate was further reduced in the July round, as reflected in the upward revision of the forecast at this year's rate and for the following year.

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The space for further reduction of the CDC's key rate has narrowed, and further decisions will be dictated by the goal of returning to the tariff on inflation, ... . . . . 31.08.2026, PRIM

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By the end of the year, it could be 14.5 - 14.6 per cent - 31 August 2026

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Interfax.ru broke the news on Monday, August 31, 2026.
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