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Home NewsBelousov predicted a decrease in the key rate to 6-7% by 2027

Belousov predicted a decrease in the key rate to 6-7% by 2027

by Alex Johnson

He also talks about the need to adapt to current and future structural changes.

I.O. First Deputy Prime Minister Andrei Belousov claims that the key rate will remain at a high level in the coming years. It predicts that the rate will drop to 6-7% only by 2027, the correspondent of The Moscow Post reports.

According to him, the economy growth trajectory will consist of two stages with an average growth rate in a range of 2-2.5%.

It suggests that since 2027, inflation will begin to decline and reach 6-7%, and from 2028-2030 there will be an acceleration of growth to 3%.

Recall that the Board of Directors of the Central Bank recently left a key rate of 16%, noting that inflationary pressure gradually weakens, but remains high.

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