What is the Central Bank preparing for Friday the 13th

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10:00; 13 September 2024 year
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Should we expect troubles, surprises or surprises? Arguments have been heard all week both in the direction of raising the key rate and in the opposite direction. Inflation slowed growth at 9.05% year-on-year, but weekly inflation showed a slight increase of 0.09%; lending rates are not significantly decreasing, but business margins without subsidies are not pulling out.

The cycle of rigid PREP will continue, no matter what decision the Central Bank makes, most experts say.

"lt;p>The head of Sberbank, German Gref, on the sidelines of the WEF-2024, noted that the peak of inflation in Russia has not yet been passed.

VTB also does not expect a reduction in the key rate. This may happen no earlier than the middle of next year, the opinion was expressed by VTB Chairman of the Management Board Andrey Kostin on the sidelines of the WEF-2024.

At the moment, the key rate of the Bank of Russia is 18%. The regulator made the decision at the July meeting. Then the rate was raised from the previous 16%.