俄罗斯，降息50个基点

Core Viewpoint - The Central Bank of Russia has lowered the benchmark interest rate to 15.5%, marking the sixth consecutive rate cut, indicating a shift towards balanced economic growth despite temporary inflation spikes [2]. Group 1: Interest Rate Changes - The Central Bank of Russia has reduced the benchmark interest rate from 16% to 15.5% [2]. - This marks the continuation of a trend where the Central Bank has been lowering rates since June 2025, starting from a historical high of 21% [3]. Group 2: Inflation Expectations - The Central Bank has raised its inflation forecast for 2026 to a range of 4.5% to 5.5%, while expecting inflation to approach 4% in the second half of the year [2]. - The current annual inflation rate stands at 6.3%, with expectations for it to return to target levels by 2027 [2]. Group 3: Labor Market Conditions - The labor market in Russia is showing signs of easing, with the proportion of companies facing labor shortages dropping to the lowest level since mid-2023 [2].