The head of the Russian Union of Industrialists and Entrepreneurs, Alexander Shukhin, does not expect the interest rate to be reduced from the current 14% until February.
"The fact that there will be a break, judging by the words of Elvira Sakifetsdovna, is quite clearly visible in my opinion. Until February, I personally do not expect gifts from the central bank to businesses in the form of interest rate cuts. Moreover, the central bank will address the fact that they still need to assess the consequences of tax changes, so it is difficult for them to report on business.
According to him, this is evidenced, among other things, by the recent statements of the head of the Bank of Russia, who called the current level of the key interest rate justified.
The next central bank meeting on the key rate is scheduled for December 18.