Live Feeds
● LIVE Updated 8d ago · 26 sources tracked

Russian Central Bank Slashes Key Rate to 14.25%

The Bank of Russia lowered its key interest rate by 25 basis points on June 19, 2026. This marks the ninth consecutive cut as the regulator balances a contracting economy against inflation risks. The decision was smaller than the 50-basis-point reduction many analysts expected.

RSS Source map (25)

What changed

The central bank reduced the key rate from 14.5% to 14.25%.

Live updates

  1. Bank of Russia Cuts Key Rate to 14.25%

    The Bank of Russia lowered its key interest rate by 25 basis points on June 19, 2026. This marks the ninth consecutive cut as the regulator balances a contracting economy against inflation risks. The decision was smaller than the 50-basis-point reduction many analysts expected.

    What's confirmed:

    • The Bank of Russia cut the key rate by 25 basis points to 14.25% per annum on June 19, 2026.
    • This is the ninth consecutive rate cut by the central bank.
    • The previous key interest rate was 14.5%.
    • The 2026 inflation forecast is 4.5-5.5%.
    • Annual inflation stood at 5.6%.

    Still unconfirmed:

    • Gazprom shares plunged to 2008 levels following the rate cut.
    • The absence of the central bank chief has led to succession discussions.
    • An oil dividend from a war in Iran helped ease inflation.
    • Ukrainian drone attacks on refineries have caused gasoline shortages and price increases.
    confidence 95%