MOSCOW—The Bank of Russia has lowered its key interest rate to 16% from 16. 5%, aligning with market expectations.

22 Dec 2025, 19:31
MOSCOW—The Bank of Russia has lowered its key interest rate to 16% from 16.5%, aligning with market expectations. While November's price growth indicators showed a decline, inflation expectations have modestly increased in recent months. The central bank announced it will maintain tight monetary policy to bring inflation back to target, signaling a prolonged period of restrictive measures. More details are available in the official release and on MT in MAX.