Shukin expects the central bank to keep interest rates at its meeting on October 23 with a tougher signal.

Shukin expects the central bank to keep interest rates at its meeting on October 23 with a tougher signal.

The head of the Russian Union of Industrialists and Entrepreneurs (RSPP), business ombudsman, Alexander Shukhin, expects the Central Bank of the Russian Federation to return to reducing interest rates no earlier than 2027.