Economist Ginko predicted the change in the key rate by the Bank of Russia

In his opinion, the rate may increase.

“We will see the rate hike, and it will most likely be the last one.

Further increase will not be necessary, because the peak of inflation has passed already in November.

I think that by December it will already decrease and further the rate of inflation growth will decrease and the need to raise the rate will disappear.

The Central Bank is always ready to begin to normalize, that is, to reduce the rate, ”the economist said.

He added that at the beginning of 2022, the rate of price growth will slow down.

“I think that we will not deviate much from the 4% we have by the end of next year.

The inflationary spiral has unfolded, it has unwound very quickly, but it has the same potential, and I am sure that the growth rate will decrease, "the interlocutor of RT concluded. 

Earlier it became known that, according to analysts, the Russian Central Bank in December at its last meeting in 2021 will raise the key rate by one percentage point at once - up to 8.5% per annum.