Alexey Zabolotkin

government_official

Alexey Zabotkin is a Deputy Chairman of the Central Bank of Russia (CBР), where he has publicly addressed monetary policy, inflation, and the ruble's exchange rate. He has emphasized that the central bank cannot ignore fuel prices and inflation expectations, dismissed the idea of a weak ruble benefiting the budget, and ruled out freezing bank deposits as absurd. Zabotkin has also stated that the key rate may return to 7.5% by 2029 and noted that space for rate cuts has narrowed due to fuel market conditions.

Events

• Russia's fuel market to stabilize by October, says Central Bank
• Central Bank Targets 4% Inflation by 2027 Amid Pro-Inflation Risks
• Central Bank Cuts Rate Space Amid Fuel Crisis
• Russia's GDP Grows 0.6% in H1 2026, Cash Use Rises
• Central Bank of Russia Governor Elvira Nabiullina urged Russians not…
• As of June 8, the official exchange rate of the euro to the ruble is…
• And undoubtedly, it would be wrong to expect a straightforward…
• Russian President Vladimir Putin stated that the key rate of the…
• This is so absurd, but apparently the most absurd theory; and…
• The Central Bank explained why slowing inflation does not mean…

Recent coverage

• High interest rate – this is for a long time. What the Central Bank warns Kremlin about — Радио Свобода
• At the Central Bank, they spoke out against the idea of managed weakening of the ruble — Ведомости
• Zabotkin: Central Bank expects interest rate return to 7.5% in 2029 — Ведомости
• Fuel crisis further reduced room for rate cut, Central Bank officials say. By year-end it could be 1... — Важные истории
• Growth of Russian GDP in first half of year by 0.6% agrees with Central Bank forecast for year — Интерфакс
• Central Bank considers pro-inflationary economic development scenario most likely — Ведомости
• At the Central Bank, it was stated that the situation on the fuel market does not affect the harvest collection — Интерфакс
• In the Central Bank, they announced a narrowing of the space for reducing the key rate — Коммерсантъ
• At the Central Bank, it was stated that the room for rate cuts narrowed further in July — Интерфакс
• Zabotkin: space for reducing the rate has narrowed — Ведомости
• At the Central Bank, they announced a narrowing of the space for reducing the key rate — Москва 24
• Central Bank raised official rates of three major currencies — Ведомости
• Naibiulina urges not to look for hidden signals in socks and brooches — Ведомости
• Central Bank expects restrained price growth after June surge — Коммерсантъ
• Putin: Key rate should fall given macroeconomic indicators — Вечерняя Москва
• Deputy Governor of the Central Bank: The Bank of Russia cannot 'close its eyes' to fuel prices — Фонтанка
• Zabotkin says the Central Bank cannot ignore fuel prices in Russia — Вечерняя Москва
• Central Bank promises not to ignore fuel prices — Коммерсантъ
• Zabotkin: The Central Bank will not turn a blind eye to fuel prices — Ведомости
• Central Bank cannot 'turn a blind eye' to fuel prices, regulator says — Вести