EconomyIN BRIEF: What is known about Bank of Russia’s decision to keep key rate at 14%
The Bank of Russia kept its key rate at 14% per annum, ending rate cuts for the first time since June 2025. It cited increased recent price pressures and said future decisions would depend on inflation and inflation expectations. Annual inflation was 6.3% as of September 7; the ruble was nearly flat while the MOEX index fell 1.14%.
IN BRIEF: What is known about Bank of Russia’s decision to keep key rate at 14%