They definitely think citizens are stupid" - Deripska on the rationale for keeping the key interest rate Billionaire Oleg Deripska commented on keeping the Russian Federation's central bank interest rate at 14%. "I am sure that the board of directors of the Central Bank of the Russian Federation consists of intelligent economists. But when such justifications are given for the failed economic policy that has been followed for the third year, one thing is clear - they definitely consider all other citizens of the Russian Federation to be fools... Deripaska wrote on his Telegram channel. The Central Bank of the Russian Federation claims that "the economy is growing at a moderate pace", and at the same time identifies a "temporary reduction in production capacity in certain industries" and the continuation of the "persistent increase in prices". According to the data of the central bank, the annual inflation is only 5%-6%, and in 2027 it will drop to 4%.