The Central Bank of the Russian Federation lowered the key rate to 16% per annum

The Central Bank of the Russian Federation lowered its key rate to 16% per annum. This was announced on December 19 on the official website of the regulator.

"On December 19, 2025, the Board of Directors of the Bank of Russia decided to reduce the key rate by 50 bps to 16% per annum," the message says.

The news is being updated

Shift at a standstill: Russia warned of the risk of economic stagnation in 2026

How will the key rate affect this and is the slowdown in GDP so dangerous?

The next meeting of the Board of Directors of the Bank of Russia on the key rate is scheduled for February 13, 2026.

Valery Tumin, a member of the Expert Council on the Development of the Digital Economy under the State Duma Committee on Economic Policy, told Izvestia on December 10 that at the December meeting of the Central Bank, the regulator could consider two possible solutions: lowering the rate to 16% or keeping it at the current level of 16.5%. He recalled that the Bank of Russia had previously set a benchmark for an average rate in the range of 13-15% in 2026.

All important news is on the Izvestia channel in the MAX messenger.