key rate

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Russia's Central Bank: key rate requires significant change

Russia's Central Bank: key rate requires significant change

The balance of arguments on the movement of the key rate has not changed: the Central Bank of Russia's board of directors will in September assess the advisability of raising it at its upcoming meetings, Russia's Central Bank Deputy …

Russian Сentral Bank's key rate raised to 18%

Russian Сentral Bank's key rate raised to 18%

The Russian Central Bank has raised its key rate to 18%. Previously, it was 16%. The Central Bank of the Russian Federation warned about the need to tighten monetary policy in June.

Turkish Central Bank may raise key rate above 50%

Turkish Central Bank may raise key rate above 50%

The Turkish Central Bank has decided not to change the key rate for now. It will keep it at 50%. However, the regulator warned that if inflation does not decline, the rate will be increased even more.

Russia's Central Bank may raise key rate to 18% in July

Russia's Central Bank may raise key rate to 18% in July

The Russian Central Bank's Board of Directors may consider the same options regarding decisions on the key rate it did in June at its meeting in July, director of the Central Bank's monetary policy department Kirill Tremasov said. …

Central Bank: Russia's economy at peak of overheating

Central Bank: Russia's economy at peak of overheating

The Russian economy is currently at the peak of being overheated, head of the Bank of Russia’s monetary policy department Kirill Tremasov said. "I think that the peak of economic overheating is the top point of …

Russia's Central Bank keeps key rate

Russia's Central Bank keeps key rate

The Russian Central Bank has kept its key rate once again, though it holds open the prospect of increasing it at the upcoming meeting, the bank's press service said. "On 7 June 2024, the Bank of Russia Board of …

Bank of Russia leaves key rate unchanged once again

Bank of Russia leaves key rate unchanged once again

The Bank of Russia has decided to keep the key rate at 16% per annum again. On April 26, 2024, the Bank of Russia Board of Directors decided to keep the key rate at 16% per annum," the statement reads. …

Putin: Key rate to be reduced in Russia

Putin: Key rate to be reduced in Russia

The key rate will decline in Russia, based on economic prerequisites, Vladimir Putin said. Its reduction will also lower interest rates on business loans.

Russia's Central Bank retains key rate at 16% per annum

Russia's Central Bank retains key rate at 16% per annum

The Bank of Russia once again decided to maintain the key rate at 16% per annum at its second meeting in 2024, the regulator said in its press release. "Current inflationary pressures are gradually easing but remain …

Turkey’s central bank raises interest rate to 50%

Turkey’s central bank raises interest rate to 50%

Turkey’s central bank raised its key interest rate, the one-week repo rate, from 45% to 50%, the bank's press service reported, citing the continuing need to counter climbing inflation in the country. …

Putin signals key rate cuts

Putin signals key rate cuts

The Russian Central Bank’s present key rate of 16% is temporary, Russian President Vladimir Putin said, adding that it will change as inflation declines. "The Central Bank’s key rate in its today’s …

Bank of Russia raises key rate at last meeting in 2023

Bank of Russia raises key rate at last meeting in 2023

The board of directors of the Bank of Russia raised its key rate from 15% to 16% per annum at this year’s last meeting, noting that the return of inflation to target in 2024 assume that tight monetary conditions will be maintained in the …

Bank of Russia ready to increase key rate once again

Bank of Russia ready to increase key rate once again

Russia’s Central Bank will increase the key rate again unless it sees sustainable slowdown of inflation and inflation expectations' cooling, the regulator’s Deputy Governor Olga Polyakova said. "At …