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Home - Bank of Russia maintains key rate at 7.75% per annum
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Bank of Russia maintains key rate at 7.75% per annum

The board of directors of the regulator decided not to raise the rate. This was facilitated by the level of inflation. As the Chairman of the Bank of Russia noted in the report on monetary policy, its level was lower than expected. According to the results of 2019, it will most likely amount to 4.7-5.2%.
The next meeting at a key rate will be held on June 14. On it, the Central Bank of the Russian Federation can lower the rate if the situation in the economy remains favorable. Although, as you know, the regulator takes into account many factors, for example, the geopolitical situation, oil prices. Therefore, the final decision of the Central Bank is difficult to predict.
Document: Information of the Bank of Russia dated 04/26/2019