February 13, 2025 12:00 GMT
RUSSIA: MNI CBR Preview – February 2025
RUSSIA
- The CBR is expected to keep its key rate unchanged at 21% again this month given that inflationary pressures and lending dynamics have not developed in a way which would warrant a further tightening of monetary policy.
- However, communication from both the policy statement and post-decision press conference is likely to retain a hawkish bias.
- All surveyed analysts expect rates to be held at this juncture.
See the full preview, with a summary of sell-side analyst views, here.
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