The head of the Bank of Russia, Elvira Nabiullina, suggested that the key interest rate in the country could begin to decline in 2025. And this under the important condition that there are no additional shocks to the economy. TASS reports on this today, November 19.
This statement was made by the economist at the meeting of the State Duma. Nabiullina also spoke about the characteristics of the process of slowing inflation in the country.
The head of the regulator confirmed the desire to set an inflation target of 4.5-5% by 2025.
“And as it slows, we will consider a gradual reduction of the key rate. If, of course, there are no additional external shocks, the decline will begin next year.” – said Nabiullina.
EADaily Remember that in October the Central Bank raised the official interest rate from 19% to 21%.
