The Bank of Russia has revised the forecast at the key rate for the coming years, increasing the expected values by 2027 and 2028, based on an updated macroeconomic forecast of the regulator.
The Russian Bank increased Russia's forecast of inflation by 2026 to 7.1 to 7.6 per cent from the 6 to 7 per cent expected in July, according to the medium-term forecast of the regulator.