# 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 17:15 UTC
- Economy
- Original: https://kyivindependent.com/russias-central-bank-keeps-key-rate-at-14-ahead-of-legislative-elections/

> Russia’s central bank kept its key rate at 14% on Sept. 11, ending a run of cuts that began before mid-June 2025. It cited heightened inflation risks linked to fuel shortages and price surges caused by Ukrainian drone strikes, and forecast inflation at 6-7% in 2026 before falling to 4% the following year.

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