Core Viewpoint - The Central Bank of Russia has lowered the benchmark interest rate by 100 basis points to 17%, marking the third consecutive rate cut this year [1] Group 1: Monetary Policy Changes - The Central Bank of Russia has announced a reduction in the benchmark interest rate to 17% as of September 12 [1] - This is the third time the Central Bank has cut the benchmark rate in 2023, following reductions to 20% in June and 18% in July [1] Group 2: Inflation and Economic Outlook - The current annual inflation rate in Russia stands at 8.2% as of September 8 [1] - The Central Bank aims to bring the inflation rate down to a target level of 4.0% by 2026, with projections of 6.0% to 7.0% for 2025 under the current monetary policy [1] - Economic activity is reported to be returning to a balanced growth path, with overall price growth indicators remaining stable [1]
俄央行下调基准利率至17%
Sou Hu Cai Jing·2025-09-12 12:51