The size of steps to reduce the interest rate will depend, among other things, on inflation risks, Central Bank Governor Elvira Nabiullina said during a briefing. This was reported by a socialbites.ca correspondent.
According to him, the Central Bank’s forecast assumes that the return of interest rates to neutral values will proceed smoothly.
“The further course of the interest rate will depend on how the pace and nature of the disinflation processes correspond to the task of returning inflation to the target by the end of this year,” the regulator’s head said.
At the meeting of the board of directors of the Central Bank of the Russian Federation on Friday, February 16 left The base rate remains unchanged at 16% per annum. Candidate of Economic Sciences, Associate Professor at the Department of Global Financial Markets and Fintech at the Russian University of Economics. GV Plekhanov Denis Perepelitsa said that the decision of the National Bank is expected. Before that, former deputy chairman of the Central Bank, Sergei Dubinin guess For socialbites.ca, the key rate remains unchanged due to the fact that current inflation trends do not change.
Previously eight banking analysts and one economist guess socialbites.ca maintains the key rate on February 16.