The Ministry of Economic Development has not ruled out the potential for lowering the Central Bank's key interest rate

The potential for further reduction of the key interest rate remains, taking into account current trends in the Russian economy. This was stated on June 19 in the commentary of the Ministry of Economic Development.

"Given the current trends in the economy, we believe that there is still potential for a reduction in the key rate," RIA Novosti quoted the agency's statement as saying.

On this day, the Central Bank of the Russian Federation decided to reduce the key rate by 25 basis points to 14.25%. It is noted that monetary conditions continue to gradually soften, but still remain tight. At the same time, stable inflation will be close to 4% in the second half of 2026.

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Russian President Vladimir Putin also noted on June 10 that a further reduction in the key rate is possible in Russia, because inflation is slowing down and now stands at just over 5%, and the measures taken by the government in this area are yielding results.