The head of the Financial Market Committee of the State Duma, Anatoly Aksakov, allowed the Central Bank of Russia to raise the key rate to 20%. Moreover, as TASS reports today, October 8, this could happen as early as October.
“Monetary policy will be strict. Consequently, the Central Bank will increase the key rate until its objective is achieved. I assume that in the near future, on October 25, he will increase it to 20% to ensure that inflation returns to 4%.” – says Aksakov.
EADaily Remember that in September the Russian regulator already raised the key rate from 18% to 19% annually.
