The State Duma predicted a drop in the key rate to 7% in 2026.

By the end of the year, the key rate in the Russian Federation may decrease to 15%, while the optimal value for the Russian economy is 7%. This was announced on July 20 by Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market.

"[In order to stabilize the economy, but not to accelerate inflation], the key rate should be about 7%, then it will be profitable to take out loans and there will be conditions for servicing them. We expect this to happen next year," he said in an interview with TASS.

Aksakov noted that now there are different options for the development of the situation by the end of this year, but he assumes that the rate will drop to 15%.

Forecast for the year: the market expects another key reduction to 18%

Why can the Central Bank immediately lower the rate by 2 percentage points?

The head of the Central Bank of the Russian Federation, Elvira Nabiullina, said on July 3 that the Central Bank of Russia would consider lowering the key rate in July unless unforeseen circumstances arose. She also stressed that the Central Bank of the Russian Federation sees a slowdown in inflation, "and in a stable component" and "faster than expected in the previous forecast."

All important news is on the Izvestia channel in the MAX messenger.