Sberbank analysts predict that the central bank’s key interest rate will be raised or maintained at the next meeting. Taras Skvortsov, head of the Finance department of the credit institution, spoke about this at the Eastern Economic Forum (EEF). Prime reports the details.
Author:
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“Today we have a scenario of either maintaining the rate or increasing it,” says the expert.
In his opinion, the possibility of maintaining the exchange rate at the current level should not be ruled out, as the Bank of Russia’s latest measures to curb inflation in Russia have already yielded results.
He also said that there has now been a significant decline in the volume of mortgage issuance and a slowdown in GDP growth.
At the end of August, the Bank of Russia warned that the reference rate could rise to 20-22% in 2025. This is stated in the regulator’s draft “Main directions of the unified state monetary policy for 2025 and the period of 2026-2027”.
Author:
Nikolai Tikhonov
Source: RB
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