Senior Vice President, Head of the Finance Block at Sberbank Taras Skvortsov allowed for an increase in the key rate.
According to the expert, a meeting of the Bank of Russia will take place soon.
Skvortsov explained: “At this meeting, the issue of both increasing and maintaining the key rate at the previous level will be considered,” as reported by RIA Novosti .
A Sberbank employee shared this information in a conversation with correspondents.
Opinion of the credit institution
In addition, Skvortsov added that in recent weeks a number of signals have emerged showing that some of the Central Bank’s measures have produced results.
In particular, this concerns measures taken by the regulator and the government to slow down inflation.
The expert also emphasized: “Recently, there has been a strong decline in the issuance of mortgage loans.”
The rate of GDP growth has also slowed, which in turn is a factor contributing to the slowdown in inflation.
