The decision of the Bank of Russia to raise the key rate to 15% per annum will increase the burden on the federal budget, where interest rates on many programs and projects are subsidized, but for Russians this is a good opportunity to create a profitable form. bank deposits. In an interview with the Parliament Newspaper on this subject, aforementioned Chairman of the State Duma Committee on Financial Markets Anatoly Aksakov.
According to him, citizens in these conditions need to create deposits because their interest will soon increase. He also recommended taking a closer look at private savings accounts aimed at improving living conditions that may appear in banks in the near future.
“We have already submitted a relevant bill to the State Duma. A housing savings contract provides for the creation of a long-term deposit in a bank for the accumulation of a certain amount with the subsequent receipt of a mortgage loan to solve housing problems. “You can now create such a deposit with a reasonable interest rate, save it for a down payment, and then use a mortgage loan with an affordable interest rate when mortgage interest rates drop,” he said.
At the meeting of the board of directors of the Bank of Russia on October 27 raised You can increase the base interest rate by 200 basis points, up to 15% per year. The Central Bank explained its decision by the sharp increase in domestic demand, which, combined with increasing inflationary pressure, exceeded the possibility of increasing the production of services and goods.
Previously at the Central Bank named The main condition for lowering the key rate.