Gref called the key rate in Russia "low" for the current inflation rate

“Any rate hike affects the economy in one way or another.

If we return to the figures, then the current rate of 7.5% against inflation at the end of November 8.3%, of course, is still low, so it is most likely that the Central Bank will raise the rate further, "he said in an interview with the Russia 24 TV channel. ...

Earlier, the head of the Central Bank Elvira Nabiullina noted that the decrease in the key rate by the Bank of Russia may begin earlier than the baseline forecast if disinflation factors prevail - it is assumed that a return to the neutral range of 5-6% will occur in 2023.