28.06.2023, 07:59
The Bank of Russia allowed an increase in the key rate
Source: OREANDA-NEWS
OREANDA-NEWS Deputy Chairman of the Bank of Russia Alexey Zabotkin allowed an increase in the key rate at the upcoming meeting of the Board of Directors. His words are transmitted by RIA Novosti.
As Zabotkin recalled, the key rate has remained unchanged since September last year, and called this period "a rather long period of time." According to him, it "corresponded to the understanding" of the leadership of the Central Bank of the Russian Federation, including the forecast for stabilization of inflation near 4 percent. "So far, the data has confirmed this. But we see that the balance of risks is increasingly shifted towards the pro—inflationary," he added.
Zabotkin noted that in recent months there has been an expansion of domestic demand from the private and public sectors, as well as an acceleration of lending.
On June 9, the Bank of Russia again kept the key rate at 7.5 percent per annum. The key indicator of monetary policy has been at this level since September last year.
As Zabotkin recalled, the key rate has remained unchanged since September last year, and called this period "a rather long period of time." According to him, it "corresponded to the understanding" of the leadership of the Central Bank of the Russian Federation, including the forecast for stabilization of inflation near 4 percent. "So far, the data has confirmed this. But we see that the balance of risks is increasingly shifted towards the pro—inflationary," he added.
Zabotkin noted that in recent months there has been an expansion of domestic demand from the private and public sectors, as well as an acceleration of lending.
On June 9, the Bank of Russia again kept the key rate at 7.5 percent per annum. The key indicator of monetary policy has been at this level since September last year.
Комментарии