{"id":25064,"date":"2026-09-11T19:52:47","date_gmt":"2026-09-11T14:07:47","guid":{"rendered":"https:\/\/eng.dragonmedia.com.np\/?p=25064"},"modified":"2026-09-11T19:52:47","modified_gmt":"2026-09-11T14:07:47","slug":"bank-of-russia-keeps-key-interest-rate-unchanged-at-14-percent","status":"publish","type":"post","link":"https:\/\/eng.dragonmedia.com.np\/?p=25064","title":{"rendered":"Bank of Russia Keeps Key Interest Rate Unchanged at 14 Percent<\/strong>"},"content":{"rendered":"

Dragon Media News Desk<\/strong><\/p>\n

The Bank of Russia has decided to keep its key interest rate unchanged at 14 percent.<\/p>\n

The central bank said future decisions on the key rate would depend on inflation dynamics and changes in inflation expectations.<\/p>\n

According to the bank, underlying price growth has accelerated to an annualised rate of 5 to 6 percent. Annual inflation is expected to remain between 6 and 7 percent in 2026 before returning to the 4 percent target in 2027 and staying around that level thereafter.<\/p>\n

Preliminary data indicate that the Russian economy is growing at a moderate pace in the third quarter of 2026.<\/p>\n

Inflation expectations among households, businesses and financial market participants have moved in different directions but remain elevated overall, the central bank said.<\/p>\n

Pressure in the labour market is gradually easing, while surveys indicate that labour shortages are continuing to decline.<\/p>\n

Credit activity has remained strong in recent months, driven primarily by the corporate sector.<\/p>\n

The Bank of Russia also said investment activity continues to recover compared with levels seen at the beginning of the year.<\/p>\n

In real terms, monetary and credit conditions have become somewhat less restrictive, taking into account changes in expectations for future inflation.<\/p>\n

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