Bank of Russia economist Andrei Sinyakov suggested raising interest rates in response to one-off price hikes to protect ruble savings, even with stable inflation expectations. In his estimation, to maintain incentives to save, the long-term interest rate should be at least 8.5% per year. The central bank told RBC that the article reflects the personal position of the author, and the regulator still does not respond to temporary factors if they do not accelerate the inflation expectations of the population and businesses.