✉news BusinessBanking first seen 1 d ago, last 16 h ago, peak #1
Russian central bank holds key rate at 14%
Original: Russian central bank keeps key rate on hold at 14%, raises 2026 inflation forecast
The Bank of Russia has kept its key interest rate unchanged at 14%, while raising its inflation forecast for 2026. The decision follows the central bank's series of aggressive rate moves in recent years as it battles elevated price pressures in the Russian economy. Economists are watching for signals on when policymakers might begin easing, and the revised inflation outlook suggests officials remain cautious about price risks despite holding rates steady.
Why now: The rate decision and higher inflation forecast signal the central bank's stance on Russia's inflation outlook, drawing attention from markets and economists.
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Evidence
- Russian central bank keeps key rate on hold at 14%, raises 2026 inflation forecast · Reuters
- Russian central bank keeps key rate on hold at 14%, raises 2026 inflation forecast · Raleigh News & Observer
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