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27.02.2026
KEY RATE HAS BEEN REDUCED TO 15.5% PER ANNUM
On February 13, 2026, the Bank of Russia decided to cut the key rate by 50 basic points to 15.5% per annum.
The Central Bank of the Russian Federation will assess the advisability of further reduction of the key rate depending on the sustainability of the slowdown in inflation and the dynamics of inflation expectations. The baseline scenario assumes an average key rate in the range of 13.5-14.5% per annum in 2026. According to the Bank of Russia’s forecast, taking into account the current monetary policy, annual inflation will decrease to 4.5-5.5% in 2026.
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