“We have already reduced the key rate, and if the situation develops in accordance with our expectations, with our forecast, we have the potential to further reduce the interest rate in order to support demand in the economy, especially during the period when restrictive measures are gradually lifted” “, She said at a meeting on the implementation of previously taken measures to support the economy and social sphere of Russia.
According to Nabiullina, inflation in the country has stabilized at about 3.1% in annual terms.
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.