WEB.Russia expects a reduction in the key rate to 14-16% by the end of 2025

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WEB.Russia expects a reduction in the key rate to 14-16% by the end of 2025
August 23rd. /MEDIA TALK/.On Friday, August 23, the chief economist of VEB.Russia's Andrey Klepach said he expects a reduction in the key rate to 14-16% by the end of 2025. There will be no easing of the Central Bank's monetary policy in 2024, he shared his opinion with TASS on the sidelines of the Grain of Siberia forum.

Klepach also noted that the key rate is unlikely to decrease until the middle of next year.


Photo: ru.freepik.com

It should be noted that the decision to tighten monetary policy was made by the Central Bank at the end of July. The regulator raised the rate to 18%.

Recall that in early August it was reported that loans in Russian banks had risen in price. Now loans cost at least 19.4% per annum, for some organizations the starting rate is close to 28%.
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