rate · bank · Nabiyullin (ставка · банк · набиуллин)
If such secondary effects occur, they will certainly influence our decision on the key rate. Meanwhile, representatives of Russian business are calling for a reduction in the key rate; however, their primary concern is at what rates they will be able to obtain loans.
Consensus
- The Central Bank of Russia considers the current fuel market situation to be temporary or short-term.
- Elvira Nabiyullina stated that the fuel market instability is being monitored by the Central Bank.
Points of divergence
- The Central Bank will consider secondary effects from the fuel market on key interest rate decisions if these effects influence inflation expectations and broader price trends. — vesti
- The Central Bank is focused on preventing 'secondary effects' that could negatively impact overall economic stability through inflationary expectations. — vm
Coverage (3 sources)
Key entities