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Scotiabank Previews This Week's Central Bank Meeting in Russia

BY MT Newswires | ECONOMIC | 09/09/25 10:02 AM EDT

10:02 AM EDT, 09/09/2025 (MT Newswires) -- Russia's central bank (CBR) is expected to cut again on Friday, said Scotiabank.

The CBR has eased from a key rate of 21.0% back in April to 18.0% now amid expectations that another mega cut could be delivered now, noted the bank.

The reason is due to inflation falling, with the consumer price index at 'only' 8.8% year over year and core slipping to 8.5%, stated Scotiabank.

Further relief may be in store as economic growth sinks to just 1% year over year, added the bank.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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