The maximum value of the key interest rate will not exceed 20 percent until the end of 2024. In our conversation with the following person on this subject, “Lentoy.ru” This is stated by Georgiy Ostapkovich, director of the Center for Market Research at the Institute of Statistical Research and Knowledge Economy of the National Research University Higher School of Economics.
Ostapkovich believes that the Central Bank’s strategy will begin to yield results from the first quarter of 2025. He noted that there has never been a case in economic history when an increase in interest rates would not lead to a decrease in inflation, but this process usually takes three to five quarters.
“By the end of this year, inflation will reach a plateau. And it will start to fall from the first quarter. After that, deposit interest rates will start to fall. But this will happen either from the end of the first quarter of 2025 or from the beginning of the second quarter,” the expert predicts.
According to Ostapkovich, in the short term, deposit rates will continue to rise. He explains this by the fact that there are still more factors supporting inflation than reducing inflation. The economist expects deposit rates to reach 21-22%.
“This figure will rise to 21 percent, even 22 percent,” Ostapkovich said.
Prior to this, most deposit rates in the Russian Federation exceeded Excluding deposits from six months to one year, the annualized rate was 19%, while the rate was 18.54%.
Russians before in the name The most convenient ways to deposit money.
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Source: Gazeta
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