# Bank of Russia projects 2027 key rate at 9-11% under disinflationary scenario

https://mins.news/en/item/38611

- TASS, 2026-08-31 11:55 UTC
- Economy
- Original: https://tass.com/economy/2179845

> The Bank of Russia expects its key rate to average 14.5-14.6% in 2026 and fall to 9-11% in 2027 under a disinflationary scenario. It projects 7-8% in 2028 and 7.5-8.5% in 2029, with inflation at 3-4% in 2027 and 4% in 2028-2029.

## Related coverage

- [IN BRIEF: Effective date of new key rate to change, economic scenarios outlined](https://mins.news/en/item/38993) — TASS, 2026-08-31
- [Russia’s Sberbank sees more rate cuts and higher growth this year despite Ukrainian attacks](https://mins.news/en/item/35643) — Reuters, 2026-08-28
