Russian Central Bank Says May Consider More Significant Decrease in Key Rate in July

NAMPA / Sputnik

2025-06-30

ST. PETERSBURG, June 30 (RIA Novosti) - The Central Bank of Russia may consider a more significant cut in the key rate in July than in June if data confirms inflation moving toward 4%, Deputy Governor of the Russian Central Bank Alexey Zabotkin said on Monday. "The decision at the July meeting will be dictated by the degree of our confidence that inflation is moving along a trajectory that will ensure a return to 4% inflation in 2026. If the d......

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