Core Viewpoint - The Central Bank of Russia has lowered the benchmark interest rate by 50 basis points to 16%, marking the fifth consecutive rate cut [1] Group 1: Interest Rate Changes - The Central Bank of Russia initiated its first rate cut in nearly three years in June, reducing the benchmark rate from a historical high of 21% to 20% [1] - The most recent adjustment prior to the current cut occurred in October, when the rate was lowered to 16.5% [1] Group 2: Monetary Policy and Inflation - The Central Bank stated it will maintain a necessary tight monetary policy to restore the inflation rate to target levels [1] - Future decisions regarding the benchmark interest rate will depend on the sustainability of domestic inflation slowdown and the dynamics of inflation expectations [1] Group 3: Upcoming Meetings - The next meeting of the Central Bank's board is scheduled for February 13, 2026, where further adjustments to the benchmark rate will be reviewed [1]
俄央行下调基准利率至16%
Xin Hua She·2025-12-19 15:04