
Central Bank Forecasts Key Rate for 2026-2027
The Central Bank of Russia has forecast its key rate to be 14.5-14.6% in 2026 and 10.5-12.5% in 2027 in its baseline scenario. This scenario assumes a normalization of the situation in the Middle East by early next year, with annual inflation in Russia expected to be 6-7% by the end of 2026 and decreasing to 4% in 2027.13 sourcesSee all sources