Sberbank has raised its forecast for the key Central Bank rate at… (ставка · ключевой · более)
Sberbank has raised its forecast for the key Central Bank rate at the end of 2026 from 12% to 13%. Taras Skvortsov, Deputy Chairman and Financial Director of Sberbank, told Interfax that he does not rule out a more stringent rhetoric from the Central Bank at the Board of Directors' supporting meeting in July.
Consensus
- Sberbank raised its forecast for the key interest rate in 2026 from 12% to 13%
- The Central Bank of Russia (CBR) may adopt a more hawkish tone at its July board meeting
- There is uncertainty about whether the key rate will be lowered this year
Points of divergence
- Sberbank's deputy head, Taras Skvorcov, stated that macroeconomic indicators point to a need for lowering the key rate — kommersant
- Sberbank may raise its inflation forecast for 2026 and lower GDP growth expectations — interfax
Coverage (2 sources)
- Sberbank raises forecast for key rate in 2026 to 13% — Коммерсантъ
- Sber raises forecast for the Central Bank's key rate in 2026 to 13% — Интерфакс