Bank of Russia cuts key rate by to 15.5% per annum: regulator’s statements, expert views

MOSCOW, February 13. /TASS/. The Bank of Russia decided to cut the key rate by 0.5 percentage points to 15.5% per annum at the first meeting of its Board of Directors in 2026, with the underlying measures of current price growth having not changed considerably, the regulator reported.

TASS has collected the main facts about the decision.

- The Bank of Russia lowered the key rate by 0.5 percentage points to 15.5% per annum at its first meeting in 2026.

- The regulator will assess the need for a further key rate cut at its upcoming meetings depending on the sustainability of the inflation slowdown and the dynamics of inflation expectations.

- Unemployment in Russia remains at historical lows, and wage growth is still outpacing the growth in labor productivity, the regulator said.