# Bank of Russia projects 2026 key rate at 14.5-14.6% under baseline scenario

https://mins.news/en/item/38613

- TASS, 2026-08-31 11:55 UTC
- Economy
- Original: https://tass.com/economy/2179839

> The Bank of Russia forecasts a key rate of 14.5-14.6% in 2026 under its baseline scenario, declining to 10.5-12.5% in 2027, 8-9% in 2028 and 7.5-8.5% in 2029. It expects inflation at 6-7% in 2026 and 4% annually from 2027 through 2029, while GDP growth is projected at 0-1% in 2026 and 1.5-2.5% in 2027-2029.

## Related coverage

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- [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
