The Central Bank is ready to return to raising the key rate at the next meeting.

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15:08; 14 February 2025 year
cbr.ru

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The Central Bank of the Russian Federation will be ready to return to the issue of raising the key rate at the next meeting if the monetary policy rigidity is insufficient. This was stated by the Chairman of the Bank of Russia, Elvira Nabiullina, during a press conference following a meeting of the Board of Directors of the Central Bank.

Let us remind you that on February 14, the regulator decided to keep the key rate at 21%, as it was done at the meeting in December. 

At the same time, the Central Bank raised its inflation forecast for the current year to 8%, and also allowed a rate of 18%-22% during the year.;