The Central Bank of the Russian Federation signals a potential cut in the key interest rate later this year, but such a move hinges on a sustained stream of favorable conditions. In a recent interview with RIA News, Central Bank governor Elvira Nabiullina outlined that the bank keeps room for a rate reduction, likely in the second half of the year, provided inflation continues its downward path and the data remains supportive. The careful tone reflects a balance between stabilizing price pressures and supporting growth, with policy decisions riding on incoming inflation indicators and broader macroeconomic signals. [Citation: RIA News interview with Elvira Nabiullina, Central Bank Governor]
