Siluanov noted the great opportunities of the Bank of Russia for decision-making on PREP

The Central Bank of Russia has many opportunities for monetary policy decisions. This was announced to journalists on May 19 by the Minister of Finance of the Russian Federation Anton Siluanov.

"It seems to me that the Central Bank here has a large field of possibilities for making decisions on monetary policy," Siluanov said, according to RIA Novosti.

The minister recalled that the next meeting of the regulator will be held next month.

Three steps back: the market expects the key rate to decrease to only 19% by the end of 2025

When will the Central Bank start reducing it and why will it do it gradually

On April 25, the head of the Central Bank of the Russian Federation, Elvira Nabiullina, said that in order to reduce inflation in Russia, it is necessary to maintain a tight monetary policy for a long time. According to her, the regulator expects that inflation will continue to decline and fall to the target level of 4% in 2026.