The Central Bank allowed the possibility of a more active reduction in the key rate

According to her, it will be important for the economy to get support after the “defrosting,” including relatively cheap money.

“That is why we are so focusing on the fact that we still have the potential for further rate cuts. And, understanding the nature and scale of the economic shock that we are now facing, we are talking about the fact that we can reduce the rate in greater steps than before, ”RIA Novosti quoted her as saying.

She made a statement at a meeting on banking, chaired by State Duma Speaker Vyacheslav Volodin.

On April 24, the Central Bank lowered its key rate by 0.5 percentage points to 5.5% per annum. The regulator made this decision on the basis of a revised assessment of the development of the Russian economy for the next few years.