“We are adjusting monetary policy to bring inflation back to 4%.

We have signaled that the situation may develop in this way, that more than one rate hike will be needed.

This means that the key rate may turn out to be higher than 7%, ”TASS quotes her.

Earlier, Nabiullina spoke about Russia's monetary policy.

On September 10, it was reported that the Central Bank of Russia decided to raise the key rate to 6.75%.