RANEPA St. Dmitry Desyatnichenko, Associate Professor of the Department of Economics in St. Petersburg, said: RBCWhat can be expected from increasing the key interest rate to 15%?
According to him, markets will most likely not notice an increase in the key interest rate, but an additional negative impact in the form of a constantly increasing cost of borrowing for the economy, business and government is also possible.
“Deposit rates are increasing more slowly than previous basic interest rate increase cycles. Ruble liquidity in the economy is still very high, so the ruble itself and all ruble assets are now undervalued,” Desyatchenko explained.
He added that the previously increased interest rate had almost no effect on this.
Before that, Bank of Russia governor Elvira Nabiullina during a press conference aforementionedHe said the Central Bank of the Russian Federation has effective tools to reduce inflation and is ready to increase the rate “with concrete steps” to return it to the 4 percent target.
Previously existed in the Russian Federation Established Uniform personal income tax rate for remote workers.