rate · situation · exists (ставка · ситуация · есть)

Elvira Nabiyullina, head of the Central Bank of Russia, stated that there is space for reducing the key interest rate in July, but the timing and pace will depend on economic conditions. She emphasized that secondary effects from fuel market instability could influence the decision.

Consensus

There is space for lowering the key interest rate in July according to Nabiyullina.
The timing and pace of any rate reduction will depend on economic developments.
Secondary effects from the fuel market situation may influence the Central Bank's decision.

Points of divergence

Nabiyullina stated that the space for lowering the key rate exists and is currently present, but emphasized that it depends on economic factors. — kommersant
The Central Bank's previous meeting in June reduced the key rate by 25 basis points to 14.25% due to inflation risks from both fuel market and fiscal policy. — interfax

Coverage (4 sources)

Naibiulina Allows for Key Rate Cut in July — Вечерняя Москва
Naibiulina sees room for cutting the key rate — Коммерсантъ
Naбиуллина states that room for cutting the key rate exists now — Интерфакс
Central Bank Head Says There Is Room for Rate Cuts in July — Вести