Russia's Central Bank holds key interest rate at 14% for first time in over a year

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Russia's Central Bank holds key interest rate at 14% for first time in over a year

⚡ Markets: The pause in rate changes suggests the Russian Central Bank is attempting to balance inflation risks with economic pressures, providing a signal of stability for the ruble and domestic markets.USDRUB

The Central Bank of Russia kept its key interest rate unchanged at 14%, pausing a cycle of changes that has been ongoing since mid-2025. Governor Elvira Nabiullina stated the bank will ease policy as inflation allows but called raising the 4% inflation target 'extremely harmful'.

West MSM: noneNon-West State 3Regional 3Non-West Ind. 23 countries

8 sources across the spectrum

Non-West StateTASS — Central Bank chief says no intention to keep rate at level economy cannot bear for long

Non-West StateTASS — IN BRIEF: What is known about Bank of Russia's decision to keep key rate at 14% per annum

RegionalKyiv Independent — Russia's Central Bank holds key rate for the first time since mid-2025

RegionalKommersant — Набиуллина назвала «крайне вредным» повышение цели по инфляции с 4%

Non-West Ind.Meduza — Russia’s central bank holds key rate at 14% for the first time since 2025

RegionalKommersant — ЦБ сохранил ключевую ставку на уровне 14% годовых после серии снижений

Non-West StateRIA Novosti — Банк России сохранил ключевую ставку впервые с апреля прошлого года

Non-West Ind.The Moscow Times — Russian Central Bank Holds Key Rate at 14%

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