EconomyIN BRIEF: Effective date of new key rate to change, economic scenarios outlined
The Bank of Russia plans to move the effective date of any new key rate from Monday to the following Wednesday. It estimates that rate changes take full effect after 3-6 quarters, targets inflation near 4%, and projects a 2026 key rate of 14.5-14.6% with inflation at 6-7% under its baseline scenario.
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TASS★★★☆☆2026-08-31 15:57Original
IN BRIEF: Effective date of new key rate to change, economic scenarios outlined