The Central Bank of the Russian Federation lowered the key rate to 15% per annum

The Central Bank of the Russian Federation lowered its key rate to 15% per annum. This was announced on March 20 on the official website of the regulator.

"On March 20, 2026, the Board of Directors of the Bank of Russia decided to reduce the key rate by 50 bps to 15% per annum," the Central Bank said in a statement.

The news is being updated

While the Central Bank is hitting 12: in 2026, the key rate will remain in double digits

It will not be reduced quickly, even though inflation is close to the target — is it worth carrying money for a deposit or buying an apartment

The head of the Ministry of Economic Development, Maxim Reshetnikov, announced on February 12 that the Russian economy would continue to slow down in the first half of this year, but the growth rate would recover in 2027. The minister also assured that the agency would update its economic growth forecasts for this year and the planned period.

Russian Deputy Prime Minister Alexander Novak said on February 3 that inflation in Russia in 2026 will be at the level of 4-4.5%. According to him, this year's inflation figures will approach the Central Bank's target for December 2025 of 4%. This is the target inflation rate that the regulator is targeting.

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