# Russia’s central bank holds key rate at 14% for the first time since 2025

https://mins.news/en/item/54546

- Meduza, 2026-09-11 12:27 UTC
- Economy
- Original: https://meduza.io/en/news/2026/09/11/russia-s-central-bank-holds-key-rate-at-14-for-the-first-time-since-2025

> Russia’s central bank kept its key rate at 14%, marking its first pause in roughly a year and a half. It said the economy was growing moderately in the third quarter while price pressures had risen sharply, and forecast inflation at 6.0–7.0% in 2026 before a return to 4.0% in 2027. The decision followed ten consecutive cuts.

## Related coverage

- [Russia’s central bank holds key rate for first time since mid-2025](https://mins.news/en/item/54974) — The Kyiv Independent, 2026-09-11
- [Bank of Russia keeps key rate at 14%](https://mins.news/en/item/54435) — TASS, 2026-09-11