Bank of Russia projects key rate at 9-11% in 2027 under disinflationary scenario

Bank of Russia projects key rate at 9-11% in 2027 under disinflationary scenario The key rate is projected at 7-8% in 2028, and at 7.5-8.5% in 2029MOSCOW, August 31. /TASS/. The Bank of Russia projects the key rate at 14.5-14.6% in 2026, and at 9-11% in 2027 under its disinflationary scenario, the regulator said. The key rate is projected at 7-8% in 2028, and at 7.5-8.5% in 2029. The Central Bank also expects inflation at 6-7% in 2026, 3-4% in 2027, and at 4% from 2028 to 2029 under this scenario. GDP growth is projected at 0-1% in 2026, 2.5-3.5% in 2027, 2-3% in 2028, and 1.5-2.5% in 2029. Bank of Russia projects key rate at 14.5-14.6% in 2026 under baseline scenarioThe key rate is projected at 10.5-12.5% in 2027Read moreFACTBOX: Russian strikes on Ukrainian logistics centers, seaports: What is knownTASS has compiled the key facts about the strikes on facilities in Ukraine.Read moreKiev loses 9,600 soldiers, mercenaries in special op zone last week — expertAndrey Marochko added that over the past week, the Russian military also destroyed nearly 6,000 unmanned aerial vehicles, three uncrewed boats, three tanks, 47 field artillery gunsRead moreTanker struck by projectile off Oman — UKMTONo casualties or environmental impact are reported at this timeRead moreWithout additional $6.75 billion, Ukraine unable to pay its militaryMaintaining combat operations at the current level will require around $20 billionRead moreTokayev appoints Karin as Kazakhstan’s vice president, Bektenov as prime ministerErlan Karin previously served as the first deputy head of the presidential administration, and before the new constitution took effect, he was state counsellorRead moreMoscow, Bishkek cooperate fruitfully in various areas — Russian president"Relations between our countries are developing dynamically in the spirit of strategic partnership and alliance," Vladimir Putin saidRead moreBelgium blocks new attempt to expropriate Russian assets — minister"This door is closed", stressed Belgian Defense and Foreign Trade Minister Theo FranckenRead morePutin briefed on CIA director visit’s results — Kremlin spokesmanJohn Ratcliffe arrived in Russia on August 25Read moreFACTBOX: 239 drones downed, Ukrainian strikes on homes, logistics center in YekaterinburgAir defenses destroyed 12 Ukrainian drones over the Voronezh Region during the night, Governor Alexander Gusev saidRead moreSix people died in catamaran accident off coast of Northern Cyprus — TVAlso 172 others were rescued, TRT Haber reportedRead moreImpact of Russia’s strikes on Ukrainian army’s infrastructure visible — Kremlin spokesmanRussian presidential press secretary Dmitry Peskov stressed that Russia is targeting only military facilitiesRead moreNumber of wounded in Belgorod missile attack rises to 16Acting Governor Alexander Shuvayev reported that three more people wounded in the missile attack sought medical aidRead moreTwo, killed, two wounded in US strike on Iran’s Larak island — agencyAccording to the report by Tasnim, no official comments are available at the momentRead moreMaduro posts photo of him in prisonVenezuelan President addressed it to his grandchildren and childrenRead moreOzon sorting center comes under attack in Belgorod, several people injuredEmployees were evacuated Read moreAll options on table to sanction China for ties with Iran — US Treasury secretaryScott Bessent also said he would hold talks with his Chinese counterparts during the meeting of G20 finance ministers and central bank chiefs Read moreNATO military activities in Arctic may lead to catastrophic consequences — LavrovThe foreign minister said NATO's Operation Arctic Sentry involves intensive military preparations in close proximity to Russia's northern bordersRead moreFate of 99 people on board the vessel remains unknown — Kyrenia mayorMayor Murat Shenkul stated that Turkish Cypriot authorities have so far managed to contact 159 of the 258 people who were on boardRead moreEnergy cooperation always on agenda of Russian-Chinese contacts — KremlinThis is mutually beneficial cooperation, Russian presidential press secretary Dmitry Peskov saidRead morePutin says Russia holds world's second-largest coal reservesThe Russian leader noted that coke, iron ore, and other minerals remain one of the foundations of the national economy todayRead moreUS sole factor destabilizing Strait of Hormuz — Iranian Foreign MinistryThe Iranian Foreign Ministry added it will respond to all US actions with "a crushing blow"Read moreDenmark suspends issuance of residence permits to Ukrainians of mobilization ageAccording to parliamentary documents, the proposal was approved by 98 votes to 11Read morePress review: EU mulls Russia-linked tanker seizures as US deal opens Venezuela oil accessTop stories from the Russian press on Monday, August 31stRead moreRussia readies to strike Ukraine’s energy sites to retaliate attacks on its infrastructureAt the same time, Russian servicemen continued to launch coordinated strikes against Ukrainian military-industrial facilities that support the Ukrainian military overnight, the ministry emphasizedRead moreEU sees no real threat of alleged Russian attack on bloc — PoliticoBack in 2025, Russian President Vladimir Putin said he was ready to "formalize an agreement on mutual non-aggression with Western countries in order to alleviate the concerns that exist in this regard" Read morePutin begins long, busy trip — Kremlin spokesmanThe Shanghai Cooperation Organization summit will be held in Bishkek on August 31 and September 1 Read moreAnthropologists to carry out genetic test of Grand Prince Dmitry Donskoy’s relicsDeputy Director General for Research at the Moscow Kremlin Museums Andrey Batalov said that the age of the person and the grand prince matchedRead morePutin to hold meeting on Far East’s development on sidelines of Eastern Economic ForumBefore attending the Eastern Economic Forum, Russian president will pay a visit to Kyrgyzstan, which will host a Shanghai Cooperation Organization summitRead moreNATO attempts to use Arctic to contain Russia — LavrovThe Russian foreign minister noted that Russia favors constructive dialogue in all regions of the world but, when necessary, will defend its national interests "by all available means"Read moreGold futures drop below $4,450 per troy ounce first time since August 19By 2:59 a.m. GMT, the decline slowed down, with gold trading at $4,472.4 per troy ounceRead morePlacido Domingo to perform with Russian conductor Yuri Bashmet in MoscowThe concert’s program will feature musical pieces of different genres, which Domingo has performed over the course of his 60-year careerRead moreIceland deals blow to EU’s dreams of expanding northward — news outletBefore the referendum, European Commissioner for Enlargement Marta Kos engaged in a flurry of media activityRead more237 people saved from sunken vessel off northern Cyprus — authoritiesAccording to Prime Minister of the unrecognized Turkish Republic of Northern Cyprus Unal Ustel, all of those rescued are in satisfactory conditionRead moreAngelina Jolie arrives in Ukraine — news agencyAccording to UNIAN news agency, the actress visited Lvov and TernopolRead moreRussian forces liberate Rubezhnoye, Novoandreyevka, take control of KhrapovshchinaRussian forces also struck Ukrainian fuel and energy facilities and logistics centers used by Ukrainian forces over the past day, the Russian Defense Ministry saidRead moreFinnish citizens outraged by their president’s policy toward Russia — politicianArmando Mema emphasized that the direction in which Stubb is leading Finland "remains uncertain and very dangerous"Read moreKalashnikov to unveil model of its latest AK-12+ assault rifle at Eastern Economic ForumThe weapon will be on display in the Voin Center pavilion at the Far East Street exhibitionRead moreKiev reluctant to engage in true settlement — Kremlin spokesmanRussian presidential press secretary Dmitry Peskov commented a proposal to organize a trilateral meeting between Putin, Donald Trump, and Vladimir ZelenskyRead moreRussia’s Ivan Papanin patrol ship can break through solid ice up to 1.7 m thick — captainKirill Tkachenko emphasized that the ship is capable of handling even thicker iceRead moreUS convinced that Iceland referendum results to have no effect on NATO membershipDepartment of State spokesman Tommy Pigott said that the US is looking forward "to strengthening our partnership with Iceland on all fronts"Read moreKiev’s mobilization plans show Ukraine lies about battlefield losses — mediaThe head of Vladimir Zelensky’s office earlier said that Ukraine needed to recruit at least 30,000 people a month to maintain troop strengthRead moreDeath toll from flooding in northern Nepal up to 788 — policeAlso 2,752 people have been injured or rescuedRead moreGunmen tried to enter hotel housing AES parliament members — Russian ambassadorViktor Voropayev attended a gala dinner at the hotel on the evening of August 28 for lawmakers taking part in the parliamentary sessionRead morePentagon chief Hegseth considers running for president — NBCBut Sean Parnell, the Pentagon’s assistant for public affairs, denied this, the TV channel saidRead moreRussia ready to resume Arctic Council’s work, but if partners work in good faith — LavrovThe foreign minister said Russia is also "prepared for the scenario currently being pursued by NATO countries within the organization," implying attempts to discuss issues without its participationRead morePress review: CIA chief's Moscow visit raises questions as Russia warns UK of retaliationTop stories from the Russian press on Friday, August 28thRead moreIRGC says supertanker hits mines in Strait of Hormuz — agencyThe vessel attempted to use an "illegal route" in the southern part of the Strait of HormuzRead moreBlocking extradition of Ukrainian to prove Kiev’s fault in Nord Stream sabotage — lawmakerAccording to Steffen Kotre, the Ukrainian military "does not have carte blanche to sabotage German or European energy infrastructure"Read moreUS seriously considers use of nuclear weapons in Europe — Russian MFAAccording to Andrey Belousov, Washington’s efforts to initiate discussions on Russia’s non-strategic nuclear weapons serve to divert international attention from what he described as the threat posed by US nuclear weapons stationed in EuropeRead moreKiev troops shell DPR 25 times in past day, civilian woundedSix residential buildings, four civil infrastructure sites, as well as cars and trucks were damagedRead moreIranian lawmaker warns US of retaliation over Middle East escalationEbrahim Azizi noted that the United States will pay "a heavier price"Read morePutin to lay out Russia’s position on referendum on EU to Armenian PM — KremlinEach top-level contact is important, Russian presidential press secretary Dmitry Peskov saidRead moreUkraine’s defeat drawing nearer every day; Kiev understands this — KremlinKremlin Spokesman Dmitry Peskov reiterated that the Kiev regime is receiving and will continue to receive"an even more than adequate response" to its attacks on civilian sectors of the Russian economyRead moreKiev increasingly losing on battlefield — US journalistRussian forces continue to liberate territories, Christopher Helali said Read moreNo restrictions on air traffic in Gulf countries imposed — air traffic controllersEarlier in the day, Iran’s missile attack on US ships in the Strait of Hormuz was reportedRead morePutin-Trump-Zelensky summit possible only at end of talks — Kremlin spokesmanDmitry Peskov said there have been calls for organizing a Putin-Trump-Zelensky summit for quite some time nowRead moreMan hijacks plane in Hungary, directs it toward Paks NPP — mediaAfter being intercepted, the plane crashed onto a sunflower fieldRead moreHundreds of Ukrainian military warehouses located in residential buildings — diplomatRussian Foreign Ministry Ambassador-at-Large for the crimes of the Kiev regime Rodion Miroshnik stated that Kiev uses Ukrainians as human shieldsRead moreUS redirected 83 ships since resuming maritime blockade of IranThe US military also disabled three and boarded two vesselsRead moreNo links between Putin’s meetings with Lukashenko to CIS chief’s visit — KremlinRussian-Belarusian relations constitute an absolutely different dimension, which in no way depends on contacts with the Americans, Russian presidential press secretary Dmitry Peskov saidRead moreTechnological independence in passenger cars in Russia to reach 80% by 2030The updated strategy for the development of the automotive industry through 2035 is based on the principle of comprehensive standardizationRead moreUS to impose sanctions on Iran every week — Treasury secretaryScott Bessent added that banks cooperating with Iran will be the first targetRead moreNumber of AI agents going out of control peaks in July — British newspaperThe study notes that the number of such incidents nearly doubled compared to the previous monthRead moreUS strikes two missile launchers on Iran’s Larak island — mediaAccording to a US official cited by Axios correspondent Barak Ravid, Islamic Revolutionary Guard Corps forces were seen preparing to launch rockets with sea mines into the Strait of HormuzRead moreMOEX Index up as morning trading session opensAs of 7:10 a.m. Moscow time the MOEX Index was up by 0.04% at 2,115.81 pointsRead moreErez crossing not to be opened for deliveries to Gaza — Israeli PM’s officeAdviser Dmitri Gendelman emphasized that media reports on the matter are not trueRead moreUkrainian interceptor drones powerless against new Russian jet-powered UAVs — newspaperWelt TV correspondent Christoph Wanner stated that Ukraine "has not yet kept pace with the development of these technologies for its own interceptor drones," and "the problems are now evident"Read moreDeath toll from northern Nepal flooding exceeds 900Nearly 4,200 people, including 592 foreign nationals, remain missingRead moreIran’s supreme leader calls on all Muslim countries to stand up to USMojtaba Khamenei pointed out that the US and Israel are at war not only with Iran and its regional allies, but also with all Muslims, "including the peoples of West Asia and North Africa"Read morePutin may have brief conversation with UN chief on SCO summit’s sidelinesNo separate meeting between Russian President Vladimir Putin and UN Secretary General Antonio Guterres is planned on the sidelines of the AShanghai Cooperation Organization summit, Russian presidential press secretary Dmitry Peskov saidRead moreUncrewed boat found off Turkish Samsun province coast — agencyThe site has been cordoned offRead moreAt least two killed, 12 injured in Ukraine’s attack on BelgorodA man and a 16-year old teenager were killed in the territory of an enterprise, acting governor of the Belgorod Region Alexander Shuvayev saidRead moreIran’s Fars news agency reports about explosions in JordanNo other details are known at this pointRead moreTrump's 'Greenland plan' aims to bring Arctic under US control — presidential adviserAnton Kobyakov opined that this project was an alternative to the NSR from the Pacific Ocean to the North AtlanticRead moreOmsky-107 vessel runs ashore near Istanbul after being attacked by Ukraine — agencyAccording to the agency, the crew evacuated from the ship in lifeboats following the attack Read moreIran’s IRGC reports destroying US fighter jet deployment sites in Jordan — TasnimEarlier, it was reported that a series of explosions was heard on Jordan’s territoryRead moreSix drones taken down while approaching Moscow — mayorSergey Sobyanin says first responders are working on the crash siteRead more30 vessels not let pass through Strait of Hormuz without Iran’s permit in past weekCurrently, navigation through the Strait of Hormuz is only possible upon an agreement with the Iranian side and after paying corresponding feesRead moreRussia to respond to hostile actions of its opponents, including asymmetrically — LavrovThe foreign minister said that Russia favors constructive dialogue but, if necessary, will defend "national interests by all available means"Read moreJordan intercepts eight Iranian missiles — Petra news agencyThe type of the missiles is unknownRead moreRussia begins mass production of Volna Kupol Garant EW system — defense sourceAccording to the source, the Volna has become a factor affecting not only the special military operation zone, but also having global influenceRead more241 people saved from sunken vessel off northern Cyprus — authoritiesThe search for 18 more continuesRead moreKiev doing everything possible to deteriorate situation at Zaporozhye NPP — RosatomRosatom Director General Alexey Likhachev said that ongoing shelling of the access roads makes delivering fuel for the backup diesel generators extremely dangerousRead moreUS to use Venezuelan oil to replenish its strategic reserves — TrumpThe ‘topping out’ process will begin very shortly, and is a gift from Venezuela to the people of the United States, US President wrote on his Truth Social platformRead moreUS is unlikely to achieve quick military victory in Iran — newspaperAccording to The New York Times, airstrikes have not helped Washington accomplish its goalsRead moreCIA chief proposes Putin-Trump-Zelensky meeting during visit to Moscow — AxiosAccording to the news outlet, John Ratcliffe also sought to determine whether talks with Ukraine could be resumed with US mediationRead moreWarehouse fires, damage to energy facility: situation in UkraineAn energy facility was damaged in the Chernigov Region in northern Ukraine, regional administration head Vyacheslav Chaus saidRead moreKazakhstan’s parliament votes to reappoint Bektenov as prime ministerOljas Bektenov’s candidacy, proposed by President Kassym-Jomart Tokayev, was supported by 137 of the 145 deputies presentRead moreIceland’s current government not to initiate EU accession talks — PMKristrun Frostadottir said a referendum on resuming the negotiations cannot be held "every one or two years"Read moreRussia advancing along entire frontline in special op’s zone — Kremlin spokesmanThe dynamic is absolutely positive for Russia, Dmitry Peskov saidRead moreGeorgia’s Kulevi oil refinery stops processing Russian oilThe refinery has switched to processing oil from Kazakhstan and Libya, the media outlet bm.ge reportedRead moreRussia’s Alexandrova, Medvedev advance to second round of US OpenThe players defeated McCartney Kessler and Hugo Gaston respectivelyRead moreEU needs Russia as ‘external enemy’ to collect more taxes — KremlinKremlin Spokesman Dmitry Peskov noted that voters do not like thisRead moreNorthern Fleet task force departs on long Arctic missionThe fleet will practice measures to ensure safety of Russian navigation via the Northern Sea Route, Captain 2nd Rank Alexander Zinovyev saidRead morePutin to travel to Bishkek to attend SCO summitThe Russian leader’s schedule includes attending the SCO Council of Heads of States, a meeting in the SCO+ format, and bilateral talks with his counterpartsRead moreRussia has good prospects for cooperating with BRICS partners in Far North — LavrovThe foreign minister added that Russia is also ready to develop cooperation in the Arctic with Belarus and other partners and allies in the CISRead moreRussia still open to talks on Ukraine, but there are no conditions for them — KremlinDmitry Peskov commented on whether President Vladimir Putin could discuss the possibility to continue the work of negotiating groups on Ukraine in Istanbul at a meeting with his Turkish counterpart Recep Tayyip ErdoganRead moreWoman dies in hospital after minibus runs over group of people in southern SiberiaThree children were seriously injuredRead moreSpecial op, security in Europe more important for Russia than ties with overseas countriesRussian presidential press secretary Dmitry Peskov told this Vesti host Pavel Zarubin Read moreKazakhstan’s parliament votes to appoint Karin as vice presidentErlan Karin’s candidacy, proposed by President Kassym-Jomart Tokayev, was supported by 141 of the 145 deputies presentRead more