The key rate is projected at 14-16% in 2028
MOSCOW, August 31. /TASS/. The Bank of Russia projects the key rate at 14.5-14.6% in 2026, and at 19-21% in 2027 under its risk scenario, the regulator said.
The key rate is projected at 14-16% in 2028, and at 9.5-10.5% in 2029.
The Central Bank also expects inflation at 6-7% in 2026, 11-13% in 2027, 14-16% in 2028, and 9.5-10.5% in 2029 under this scenario. GDP growth is projected at 0-1% in 2026, and 2-3% in 2029, while GDP contraction is expected at 3-4% in 2027, and 1.5-2.5% in 2028.
The key rate is projected at 10.5-12.5% in 2027
The key rate is projected at 11-12% in 2028
The key rate is projected at 7-8% in 2028, and at 7.5-8.5% in 2029
According to the Bank of Russia’s medium-term forecast, the key rate in 2026 will average 14-14.5% for the year
Analysts expect the Bank of Russia to continue to ease monetary policy this year, but at a slower pace
According to the regulator, measures of underlying inflation remain within the range of 4-5% in annualized terms
