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Key rate can be lowered after inflation decline — Central Bank

The regulator makes no predictions when it can shift to monetary policy softening, Elvira Nabiullina noted

MOSCOW, October 27. /TASS/. The Bank of Russia considers possible that the transition to key rate lowering can take place after the steady inflation decline, Governor of the Central Bank Elvira Nabiullina said at the press conference after the Board meeting.

"As regards the possible key rate lowering, it will be possible to move to it after we see the steady inflation decline. According to our base case, we see this may occur next year," she said.

"Certainly, if there are deviations from the base case, [if] proinflationary risks materialize, we will address it in the path of the monetary policy. It can be tougher then," Nabiullina stressed.

The regulator makes no predictions when it can shift to monetary policy softening, she noted. "This will depend on inflation data, inflation expectations, and so on.

The Bank of Russia raised the key rate by 2 percentage points to 15% per annum on October 27, having indicated that the current inflation pressure became much stronger.

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The ministry provided live-recording footage showing direct hits on Ukrainian military vehicles

Czech intelligence warns of crime surge after Ukraine conflict ends

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US State Department insists DPRK troops engaged in Russia’s borderline Kursk Region

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Russia to open embassies in several African countries — MFA

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Russian Permanent Representative to the United Nations Vasily Nebenzya noted that Resolution 2735 was only a tool to gain time for Israel

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Medvedev suggests that Elon Musk launch campaign to amend US Constitution

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Hezbollah reports over 100 Israeli troops eliminated in south Lebanon since October 1

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Ukraine offers up to 750,000 dollars to Russian pilot for hijacking helicopter — TV

The correspondent also reported that the Ukrainian intelligence officer obtained the phone number of the pilot's wife and persuaded her to leave Russia before the helicopter was hijacked

DPR head Pushilin visits Ugledar, says town badly destroyed

Denis Pushilin added that "it is almost impossible to find an undamaged building"

Russian troops liberate Rovnopol community in Donbass region over past day

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West to face 'devastating' response if it allows Kiev to strike deep into Russia — MFA

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Russia set to deepen cooperation with China in law enforcement — top security official

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Ruslan Kalinchuk noted that Russia "will not negotiate on Donbass and Novorossia," while Vladimir Zelensky will not do any deals unless Russia makes concessions because "he would immediately be ousted in such an event"

More countries understand reasons for conflict in Ukraine didn’t arise overnight — Lavrov

Russia’s top diplomat pointed to many years of efforts in Ukraine to eradicate the Russian language in education, news media and culture, and to the recent law that bans the canonical Ukrainian Orthodox Church

Trump 'demonstrates affinity' for Russian President Vladimir Putin — newspaper

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Russia demonstrates Il-76MD-90A(E) airlifter to 11 foreign customers this year

The latest modification is distinguished by new equipment, including a glass cockpit, modern PS-90A-76 engines, a modified wing and reinforced chassis

First S-550 air defense systems enter service in Russia — source

The source described the new system as "an absolutely new and unrivalled mobile system of strategic missile defense"

Ukrainian losses, Sudzhansky district head retirement: situation in Kursk Region

Units of the battlegroup continued offensive operations, defeating Ukrainian formations in the areas of the settlements of Daryino, Leonidovo, Malaya Loknya, Nikolayevo-Daryino and Novoivanovka

Europeans seek Russia’s help in securing release of hostages held by Hamas — envoy

According to the latest updates from Israel, the Palestinian militant group is still holding 101 people hostage in Gaza

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Maria Zakharova emphasized that the Baltic Sea "will always be a common space for all of the region’s countries without exception"

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Earlier, Russian President Vladimir Putin noted two significant blockages of Ukrainian troops near Kupyansk, involving more than 15,000 military personnel

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"The total amount of the Russian central bank’s assets immobilized in Switzerland is CHF 7.24 billion," said a spokeswoman for the Swiss State Secretariat for Economic Affairs

Erdogan praises Russia, China for backing arms embargo on Israel

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Bulgarian president calls for using all diplomatic opportunities to end Ukraine conflict

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Houthis say they attacked US aircraft carrier in Arabian Sea

According to the movement’s military spokesperson, the Houthis place responsibility for "turning the Red Sea into a zone of military tension" and the impact on navigation in the area on Washington and London

Lavrov to lead Russia’s delegation to G20 summit in Brazil

Russian President Vladimir Putin said at a meeting with heads of BRICS media outlets that he will not be attending the G20 summit in Brazil, scheduled for November 18 and 19

Russian engine maker unveils cutting-edge aircraft engine

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Ukraine imposes sanctions on maintenance services of two Moscow airports

The decree, which lists a total of 63 legal entities, sets the restrictions for a period of 10 years

Trump's planned key appointments

Trump appointed Congressman Michael Waltz (Republican, Florida) as national security adviser

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Combat experience distinguishes Su-57 among fifth-generation fighters

The Russian Defense Ministry said it excellently performed in combat

Russian advances, Ukrainian losses: situation in Kursk Region

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FSB foils attempted terrorist attack on power station in Nizhny Tagil

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Ukraine retreating fast, delaying peace to result in lost territories — entrepreneur

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Police say Russian-made drone without explosives fell down in Moldovan territory

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Ukraine aims to call up 1 mln people in eastern areas by end of 2024 — official

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54 countries vote against resolution on combating ne-Nazism

116 countries, including Azerbaijan, Algeria, Armenia, Belarus, Bolivia, Brazil, China, Cuba, Serbia, and Syria, supported the document

Ukrainian losses: situation in Kursk Region

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Over 1,000 dead seals found on Caspian coast in Kazakhstan

Director of the Institute of Hydrobiology and Ecology Mirgaliy Baimukanov noted that traces of injuries were found on some of the dead seals, but, according to the specialist, this is not enough to determine a cause of death

Russian forces strike Ukrainian military airfields, energy sites over past day

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Russian troops secure supply route to Plekhovo in Kursk Region — commander

It is reported that fighting in the settlement itself is taking place at the moment

Two US military bases in Syria come under missiles attacks — TV

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Some 300 Germans eager to move to Russia’s Nizhny Novgorod Region — authorities

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German president approves date for snap parliamentary election

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Chen Wenqing stressed that the two countries always adhere to the principles of mutual respect, equality, and mutually beneficial cooperation, strengthening mutual political and strategic trust

Russian senator slams candidate for German chancellorship’s remarks as irresponsible

Konstantin Kosachev also emphasized that talking to Russia in the language of ultimatums "is not only counterproductive, but also short-sighted, especially for Germany"

China puts army on alert in South China Sea

On November 10, China’s Ministry of Foreign Affairs lodged a protest with the Philippines after Manila implemented a maritime law asserting its exclusive right to tap resources in a 370-kilometer zone off the country’s coast

Hezbollah says it attacked Israeli airbases near Haifa, Tel Aviv

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Russia’s Rubikon unmanned technology center team destroys Ukrainian armor in Kursk area

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Russian lower house passes third reading of bill banning child-free propaganda

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Climate policy should be based on common sense, not ideology — Orban

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Musk helping Trump choose top officials — media

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Kiev should sign peace treaty, but this will spell end of grift for many, billionaire says

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France to hand over six Mirage 2000-5 jets to Ukraine — lawmaker

Frank Giletti asked to speed up the commissioning of previously ordered Rafale planes to the armed forces

Russia has written off $20 bln worth of African debts — MFA

Mikhail Bogdanov added that it allows using those debts "to implement socio-economic projects directly in the country"