Sberbank expects a reduction in the key rate no earlier than the second quarter of 2025

August 8th. /MEDIA TALK/.On Thursday, August 8, it became known that the BEAC expects a reduction in the key rate in Russia no earlier than the second quarter of 2025. This was reported by TASS with reference to the statement of the head of the Finance unit of the bank Taras Skvortsov.

He stressed that the credit institution does not expect a rate cut this year.


Photo: ru.freepik.com

Earlier, Skvortsov noted that Sberbank analysts do not rule out an additional tightening of monetary policy in 2024 to 20%.

Earlier this month, representatives of VTB Bank made a similar statement. Thus, the institution's specialists said that they expect high deposit rates to remain in Russia until the end of the year due to the Central Bank's key rate.