The Bank of Russia has lowered the key rate to 15.5%
- At the meeting held on February 13, the Board of Directors of the Bank of Russia decided to reduce the key rate by 50 basis points, RBC reports, citing information from the regulator. In the Central Bank's release, it is noted that "the economy is gradually returning to balanced growth." January was marked by a significant acceleration in inflation, driven by temporary factors. However, the Bank of Russia believes that the underlying price growth indicators have remained