economy

April 25, 2026

Bank of Russia board to decide on key rate on April 24

At its previous meeting in March, the Bank of Russia cut the key rate for the second time in a row since the beginning of the year by 0.5 percentage points to 15% per annum

Bank of Russia board to decide on key rate on April 24

TL;DR

  • The Bank of Russia's Board of Directors will decide on the key rate on April 24.
  • An overwhelming majority of experts expect the key rate to be cut to 14.5% per annum.
  • Reasons cited include a shift to gradual easing, inflation at 4-5%, and an economic slowdown.
  • The previous meeting in March saw a 0.5 percentage point cut, bringing the rate to 15%.
  • Analysts also point to the Finance Ministry's policies and weakening demand as factors influencing the decision.

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