MOSCOW, July 25. /TASS/. The Bank of Russia assumes that the key rate may be lowered at individual meetings in 2025 by 100 and 200 basis points, Central Bank chief Elvira Nabiullina said at the press conference after the regulator’s Board meeting.
TASS has collected key statements of the Governor of the Bank of Russia.
The Bank of Russia should move cautiously when making next decisions on the key rate. "It is the tough monetary policy underlying inflation slowdown and the return of the economy to more balanced growth," Nabiullina said.
The Central Bank assumes that the budget rule will be performed. "Adjustment of the key rate of path may be required if budget plans change."
The regulator has not considered keeping the rate at the meeting today. Key rate lowering by 100 and 200 basis points were discussed in detail.
