A high price increase is the most unfair tax of all, since the increase in consumer prices mainly hurts the poorest people, said the head of the central bank, Neviolina, in the State Duma.
According to the head of the bank, the key rate in the base scenario of the regulator will fall in 2027, but will remain bi-digit throughout the year. However, credit growth in 2027 should remain horizontal, about 2026, the central bank's head said.
Neviolina also added that a significant portion of the Russians' frozen assets had been returned.
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