Komsomolskaya Pravda/Global Look Press
Komsomolskaya Pravda/Global Look Press

The risks of an inflationary spiral have abated, which makes it possible to allow the Bank of Russia to lower the key rate. This was stated in an interview with Izvestia by the head of the information and analytical content department of BCS World of Investments Vasily Karpunin.

In his opinion, at the next June meeting, the financial regulator may lower the key rate from the current 14% to 13%. The analyst also added that in subsequent years, inflation is most likely to will continue slow down due to the transformation of the economy.

Olga Belenkaya, Head of the Macroeconomic Analysis Department at FG Finam, noted that inflation slowed down far ahead of expectations. According to the latest information, weekly inflation slowed to 0.12%.

On April 29, 2022, the Board of Directors of the Central Bank of the Russian Federation decided to cut the key rate by 300 bp. – up to 14% per annum.

.

LEAVE A REPLY

Please enter your comment!
Please enter your name here