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The possibility of raising the key rate is not excluded – Cbonds consensus forecast
September 14, 2018
| Today, on September 14th, the sixth meeting of the Bank of Russia will be held concerning monetary policy this year, at which a decision will be made on the size of the key rate. Since March 23rd, after a decrease of 25 basis points, the key rate is at the level of 7.25% per annum. Within the framework of the Global Forum of the Alliance for Financial Accessibility, the head of the Central Bank Elvira Nabiullina noted: "Now there are a few factors that would speak for a rate cut. There is a significant number of factors that indicate the rate retention. There were some factors that make it possible to raise the question of a possible increase in the rate. " Most of the analysts interviewed by Cbonds believe that the value of the rate will remain at the current level. However, experts note the possibility of the regulator reviewing the current key rate indicator. |
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Index Name — Russia Key rate of CBR
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