15 Oct 2025 11:29

CBR board to make balanced rate decision in Oct, taking into account all data gathered - Zabotkin

MOSCOW. Oct 15 (Interfax) - The board of directors of the Central Bank of Russia will make a balanced rate decision at its next meeting in October, taking into account all of the data available at that point in time, CBR Deputy Governor Alexei Zabotkin said during a meeting of a joint working group in the State Duma.

"On October 24, the board of directors will make a balanced decision based on all the information available at that moment in time," Zabotkin said in response to a suggestion by one of the deputies that the bank "throw a party for the budget and for entrepreneurs" by reducing the spread between the key rate and current inflation in October.