Lavrov expects US to refrain from creating pretexts for new attacks on SyriaRussian Politics & Diplomacy June 28, 20:09
Top diplomat says Germany willing to open new chapter in relations with RussiaWorld June 28, 19:28
Russia open for cooperation with Germany in war on terror, Lavrov saysRussian Politics & Diplomacy June 28, 19:22
Baltic Fleet’s fighter jets hold air combat drills in Russia’s westernmost regionMilitary & Defense June 28, 18:57
Russian telecom watchdog to include Telegram in registerBusiness & Economy June 28, 18:51
Skolkovo Foundation proactively cooperating with China — IT projects directorBusiness & Economy June 28, 18:41
Preliminary design for fifth-generation non-nuclear submarine completedMilitary & Defense June 28, 18:13
Banks continue to report receiving malicious software WannaCry and PetyaBusiness & Economy June 28, 18:09
Russia’s latest seaborne air defense missile system undergoes sea trialsMilitary & Defense June 28, 17:54
MOSCOW, January 21. /TASS/. The Bank of Russia will be ready to cut the key interest rate after it sees a downward trend in inflation and inflation expectations, head of Central Bank Elvira Nabiullina said in a statement on Wednesday.
The decision on cutting the key rate will be based on the "necessity to hold back the inflation, that under current conditions is the primary problem for individuals and for businesses," she said.
"The Central Bank Board of Directors will make a decision on January 30 about the level of interest rates based on the assessment of inflation risks, the current state of the economy and the forecast of its development," Nabiullina said.
The Central Bank of Russia raised its key interest rate from 10.5% to 17% on December 15. That decision was based on a sharp fall of the ruble, to a 15-year maximum.