“The pause in monetary policy easing, which has been going on since October, is expected by the market.
Another preservation of the key rate is already included in the level of rates in the economy,” he said in an interview with the Izvestia newspaper.
As the expert noted, at present, the average rates on long-term deposits are almost equal to the current level of the key rate - the index of rates on deposits for 12 months in the 50 largest banks amounted to 7.44% per annum.
“Short-term deposits retain more growth potential: the rate index for three and six months is 6.78 and 7.2% per annum,” Alutin added.
Earlier it was reported that the Central Bank of Russia expectedly kept the key rate at 7.5%.