Read about analysts' forecasts for changes to the Central Bank's key rate at the meeting on February 14 in the RIA Novosti article.
If in December 2024 experts almost unanimously claimed that an increase in the key rate was inevitable, then after the unexpected decision of the Central Bank to leave it unchanged, they give more cautious forecasts and the majority of votes are in favor of the current value of 21%. However, there are also those who are inclined to the scenario tunisia mobile database of raising the key rate to 22-23%. Read about how the key rate may change on February 14 in the RIA Novosti article.
The Central Bank's Variable Success in Combating Inflation
We expect that at the next meetings of the Bank of Russia the key rate will remain unchanged, perhaps only the regulator's rhetoric will change depending on the incoming data, says Vladimir Malinovsky, chief analyst of the Investment Analytics Center of Rosgosstrakh Life Insurance Company.
So far, the Central Bank's success in combating inflation can be assessed as variable, he notes. On the one hand, the growth in the cost of credit has already led to a significant decrease in the growth rate of consumer lending, and in recent months has begun to affect the dynamics of lending to legal entities. According to the regulator's logic, this should ease the pressure on the rate of price growth. On the other hand, there has been no significant slowdown in inflation itself, and the population's inflation expectations even grew somewhat in January compared to December data.