The Central Bank of the Russian Federation raised the key rate

Since July 29, the indicator has been 18%, which is 200 bps higher than the previous value. This is the first rate increase since the beginning of the year.
The next meeting of the regulator is on September 13, 2024.
It is worth noting that the Central Bank of the Russian Federation has raised its inflation forecast for 2024 to 6.5 – 7.0%. By the end of the year, the key rate is planned at the level of 18.0 – 19.4%.