Nabiullina stated that there is room for a reduction in the key rate

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The Central Bank has no ready-made decisions on the key rate until the end of this year. All further decisions will depend on a combination of factors. Currently, the regulator sees room for a reduction. This was stated by the head of the Central Bank, Elvira Nabiullina, during the Finopolis 2025 forum.

- Regarding monetary policy: indeed, our approach is cautious and careful. We always try to be careful, take into account all the risks and all the dynamics. Now, subsequent decisions by the end of the year are not predetermined. Everything will depend on the development of the economic situation, inflation, inflation expectations, lending, consumer and investment activity, and the labor market, of course. We analyze all economic trends. But there is still room for a rate cut," TASS quoted Nabiullina as saying.

She added that the Central Bank plans to clarify forecasts on the trajectory of the key rate for next year during the next meeting, which is scheduled for October 24.