# Room for key rate cuts remains, but has narrowed, Bank of Russia chief says

https://mins.news/en/item/113144

- TASS, 2026-10-23 17:26 UTC
- Economy
- Original: https://tass.com/economy/2207115

> Elvira Nabiullina said there is still room to cut the key rate next year, though it has narrowed. She said a persistently high budget deficit would push the neutral rate higher. The Bank of Russia expects current price growth to return to 4% in the first half of 2027.