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Shukin believes that the central bank can symbolically reduce the interest rate by 0.25-0.5 percentage points.

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Shukin believes that the central bank can symbolically reduce the interest rate by 0.25-0.5 percentage points.

The decision of the Central Bank of Russia to maintain the key interest rate at 14% was expected, although, given the balanced version of the three-year budget proposed by the government, the regulator could go for a symbolic reduction of the "key" - by 0.25-0.5 percentage points.