Central Bank Holds Rate at 14%

The Central Bank kept the key rate at 14%. Previously, the rate had been cut ten times in a row.

Consensus

• The Central Bank kept the key interest rate at 14%.
• The rate had been reduced ten times in a row prior to this decision.

Points of divergence

• The Central Bank explained the decision to maintain the rate at 14% due to the effect of capacity exit. — kommersant

Coverage (2 sources)

• Central Bank explained maintaining rate at 14% by effect of capacity exit — Коммерсантъ
• Central Bank kept key rate at 14% Prior to this, the rate had been cut ten times in a row. — Новости Москвы

Key entities

• CB