CBR involves the reduction of the key rate even in risky scenarios

CBR involves the reduction of the key rate even in risky scenarios


If we talk about a three-year term, the risk scenario involves the possibility of lowering the key rate, said the head of the regulator Elvira Nabiullina.

MOSCOW, 11 Dec. CBR involves the reduction of the key rate even in risky scenarios, but at a slower pace, said the head of the regulator Elvira Nabiullina.

“A risky scenario if we take a three-year period, suggests the possibility of a rate cut, just the trajectory of rate cuts will be slower than in the baseline scenario”, — said Nabiullina in her speech on the results of Friday session of Board of Directors of the Bank of Russia.