Bloomberg projects reduction in Russian Central Bank’s key rate to 10% by end of 2027

Bloomberg projects reduction in Russian Central Bank’s key rate to 10% by end of 2027 Analysts expect the Bank of Russia to continue to ease monetary policy this year, but at a slower paceNEW YORK, July 6. /TASS/. The Russian Central Bank’s key rate will fall to 10% by the end of 2027, according to a forecast by Bloomberg. Analysts at Bloomberg Economics have released their July forecast for key interest rates. According to the forecast, Russia’s key rate will fall to 13% by the end of 2026 and drop by another 3 percentage points in 2027. Analysts expect the Bank of Russia to continue to ease monetary policy this year, but at a slower pace. The regulator projects the key rate range at 8-10% for 2027 and 7.5-8.5% for 2028. 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