The economist predicted the effect of lowering the Central Bank's key rate

After lowering the key interest rate, business representatives who pay money on loans will feel a little easier. This opinion was expressed by Nikolai Kulbaka, Candidate of Economic Sciences, Associate Professor at the RANEPA, on Friday, July 25, after the relevant decision of the Central Bank of Russia.

Earlier in the day, the regulator decided to reduce the key rate by two percentage points from 20% to 18%, according to 360.ru .

Kulbaka suggested that, most likely, almost nothing will happen to loans or deposits after the rate cut, since from the point of view of the consumer market this is a small, symbolic change, showing that the Central Bank controls inflation.

"Two percentage points is not a very large amount. For example, it will make it a little easier for someone who pays money on loans, but in general there will be no big changes. Strictly speaking, this is correct, as it should be: the task of the Central Bank is to ensure that there are no drastic changes," he concluded in an interview with Lenta.Ru .

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Most experts predict a rate of no more than 80 rubles per dollar, even taking into account the reduction in the key rate

On the same day, the Central Bank of the Russian Federation lowered its key rate to 18% per annum, RT reports. It was noted that further decisions on the key rate will be made depending on the sustainability of the slowdown in inflation and the dynamics of inflation expectations. According to the Central Bank's forecast, annual inflation will decrease to 6-7% this year, and return to 4% in 2026.

The head of the regulator, Elvira Nabiullina, said that the Central Bank allows for a reduction in the key rate by 1, 1.5 or 2% in the future, NSN reports.