The Central Bank left the key rate unchanged – Finance – Kommersant

The Board of Directors of the Bank of Russia at a meeting on October 28 decided to keep the key rate at 7.5% per annum. The current growth rate of consumer prices remains generally low, contributing to a further slowdown in annual inflation, while household and business inflation expectations are at an elevated level, the report says. press release regulator. According to the Central Bank, partial mobilization will be a deterrent to the dynamics of consumer demand and inflation over the next few months, but in the future its effects will be pro-inflationary.

Recall that at the end of February, the Central Bank raised the key rate immediately to 20% against the backdrop of sanctions against Russia imposed in response to the military operation in Ukraine. After the situation stabilized from April, the rate began to decline and by September reached 7.5%.