Central Bank: We will maintain tight monetary conditions for a long time

15:20; 25 April 2025 year

The central bank expects to maintain a high rate at least until the end of the year. This was announced by the head of the regulator, Elvira Nabiullina, at a press conference following a meeting of the board of directors on the key rate, speaking about future decisions of the Central Bank.>

- We will maintain tight monetary conditions for a long time. This is reflected in the forecast of the average key rate for this year - 19.5-21.5%. The high level of the key rate will ensure a slowdown in the current rate of price growth to 4% by the end of this year and will allow inflation to consolidate by 4% in the future, Nabiullina said.