The Bank of Russia is expected to raise its key interest rate at its next board meeting on December 15. In an interview with Moscow 24 on this subject said Georgiy Ostapkovich, Director of the Market Research Center of the Institute of Statistical Research and Information Economics of the National Research University Higher School of Economics.
According to him, the increase will increase by 100 basis points from 15% to 16%. The economist noted that several factors are in favor of such a forecast, including the current level of inflation, which continues to grow.
“But most importantly, the majority of the population expects prices to rise: the Central Bank always conducts a survey of people on inflation expectations and, based on its results, makes a decision, including,” Ostapkovich said.
The newspaper “Izvestia” was based on a previous survey of 16 representatives of the financial market. guessHe said that the Central Bank will increase the interest rate from 15 percent to 16 percent at its board meeting on December 15. Not a single analyst allowed the discount. Only two banks surveyed did not rule out keeping this rate at 15%, PSB and DOM.RF Bank; Zenit and Absolut Bank, on the other hand, think it is likely to increase the key rate to 17%.
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