Central Bank of the Russian Federation lowered the key rate

Bank of Russia announced the next lowering of the key rate. The previous decrease in the key rate of the Central Bank of the Russian Federation carried out 14 June 2016 of the year. Since then, the rate was 10,5%. Thanks to the new reduction, the key rate will lose another 0,5 percentage points and will be exactly 10%. The report of the financial regulator notes that the credit policy on the basis of the new key rate will be implemented from the upcoming Monday - September 19.

From the message press service Central Bank of Russia:

The Board of Directors of the Bank of Russia 16 of September 2016 of the year decided to reduce the key rate to 10,00% per annum, given the slowdown in inflation in line with the forecast and the decrease in inflation expectations, while maintaining unstable economic activity.

When deciding on a key rate, the Board of Directors of the Bank of Russia proceeded from the following.

The first. Inflation has decreased markedly, which corresponds to the Bank of Russia baseline forecast. It is estimated that the annual consumer price growth rate declined to 6,6% as of September 12 2016, after 7,2% in July.

Second. The Bank of Russia expects that the decision taken at the key rate and its maintenance at the reached level will lower inflationary expectations.

The third. The continued revival of manufacturing activity remains volatile. It remains heterogeneous across industries and regions. The labor market adjusts to new economic conditions, unemployment remains at a stable low level.

Fourth. There are still risks that inflation will not reach the target level of 4% in 2017. This is due mainly to the inertia of inflation expectations and the possible weakening of household savings incentives.

The report says that the key rate at the level of 10% per annum will remain until the end of 2016. If no additional negative factors are identified during this time, the rate will decrease next time at the beginning of 2017.

Comments

[Oml]

Prices and interest loans for hard workers will still not be reduced. Medvedev aims to make the difference between the rich and the poor.

[mig29mks]

let your appetites be reduced! then you can lower rates and lower prices !!! ................ 9 lard in cash at home, a bribe in 7 lyamov took with him another 20 lyamov, the question is, how much does he need to be happy?

[Homo]

Quote: mig29mks

let your appetites be reduced! then you can lower rates and lower prices !!! ................ 9 lard in cash at home, a bribe in 7 lyamov took with him another 20 lyamov, the question is, how much does he need to be happy?

What are you talking about? What does the thief, the bribe taker and the key rate ???

[mig29mks]

what do you mean? are you not smart don't you see the connection? then you need to explain for a very long time !!!!!!!!!!!!!!!!

[Homo]

Quote: mig29mks

what do you mean? are you not smart don't you see the connection? then you need to explain for a very long time !!!!!!!!!!!!!!!!

Are you very smart? Then don't be rude. Better explain to me the "stupid", siren and wretched, the connection between the BRIBER and the RATE of the CENTRAL BANK.

[mig29mks]

Am I rude? I said that you are not smart! And you homity, Siry, and I’m not going to explain the connection to you! You need to read more, and not to write comments as if you are scared !!!

[78bor1973]

And you add to these two events an increase in Russia's rating in Goldman Sachs, are they just coincidences !?

[raiart]

Within six months, Sberbank reduced% of the proposed loan from 22% to 16,9%.

[SLOTH]

Quote: raiart

Within six months, Sberbank reduced% of the proposed loan from 22% to 16,9%.

But do not you think that this is still very, very much ...

[raiart]

Of course, this is a lot, so I do not take a loan, although it would be possible :)

[Professor]

Quote: raiart

Within six months, Sberbank reduced% of the proposed loan from 22% to 16,9%.

Our mortgage has risen in price to 3.5-4.5% per annum. If riot is not ripe then mass outrage.

[CrazyMishka]

And I counted 11.4%, and I shawal silently ...

[gladcu2]

In fact, the remaining 10% is another 10-15 years before a new default. Good or bad is how anyone likes it. All these reductions only prove the systemic nature of the crises of capitalism.

Explain.

These 10% are prime. Those. this is the percentage that puts the state bank. Further, distributor banks sell money at a larger percentage. Let's say 12-14%. But everything is tied to this prime.

Why do they do that?

If you remember Alain Greenspan (the last name seems correct). The former head of the IMF. He resigned. The reason is that he did not agree with the system of lowering the rate, including the constant issue of money supply. Emission is supposedly controlled printing of excess money.

So here. When capitalism begins to stall, and it stalls when banks cannot receive income, because consumers do not have money in their hands, the money is already in the banks. This is a decrease in prime to revive the economy. Until next time.

As a rule, such processes are accompanied by growth.

[gladcu2]

Such processes are accompanied by rising real estate prices. Despite the steady growth of construction. Isn't it a paradox?
It is explained by the following. With the fall of prime, the demand for mortgages is growing. But banks also compensate for their losses by lengthening the terms of payments on the mortgage. Those. the percentage is reduced, the term of payments is increased. Thus, the monthly payment is reduced, which supposedly makes it easier and stronger to pay the mortgage. Therefore, there is a demand for real estate. At the same time, banks give builders very difficult credit conditions, which forces them to constantly increase the cost of housing.

Here is such a banking world scam.

The main goal is to sell money for money. Capitalism is a legitimate fraud system.

Or am I wrong?

[Oml]

Quote: raiart

Within six months, Sberbank reduced% of the proposed loan from 22% to 16,9%.

And you took a loan. When I wanted to change the% of the loan in a new way in connection with their advertising and changes in the refinancing rate, they answered that they give 16,9% to those who transfer loans from other banks. After it nevertheless turned out to be an opportunity to take a new loan, they replied that the robot automatically calculated the loan at 21.5%. So much for 16,9%. I don’t know who will be given under this percentage, probably the same as before.

[Monarchist]

Most of my friends and I go around all these loans like a plague

[saturn.mmm]

that the robot automatically calculated the loan at 21.5%

You are stupidly bred.

[Flexsus]

banks are bred all)))) and we are ... heard about credit issues?

[Oml]

Quote: saturn.mmm

that the robot automatically calculated the loan at 21.5%

You are stupidly bred.

I think they’ll act with you acutely. Are you special? They will probably be even lower than the key rate.

[Oml]

95% of the people are "stupidly divorced."

[raiart]

I didn’t take a loan. Information brought from advertising offers from the Internet Bank.

[gladcu2]

Add.

I respect GDP. Moreover, the whole world is hoping for GDP. But, banks in Russia are also ... excrement ...

Capitalism is good at the time of accumulation of funds by the STATE.

But of course it’s important to stop. Because the people must see a perfect future. If this does not happen. Then the north one will come.

The world believes Putin. Who knows. Maybe he can.

[Homo]

Quote: OML

Medvedev aims to make the difference between the rich and the poor.

He personally informed you about this?

[Oml]

Didn’t he tell you?
I think you see how the difference in living standards is rapidly "melting". Or, of course, write off the sanctions?

[Homo]

Quote: OML

I think you see how the difference in living standards is rapidly "melting". Or, of course, blame it on sanctions?

Yes, I see that in the calmer (not under sanctions) countries, the difference between the poor and the rich is growing and those who used to be the middle class are becoming poor.
PS The same resident of Great Britain (or rather Scotland), a representative of the middle class, told me (in my ear).

[gladcu2]

Homo

Dear friend. Remember, capitalists hate capitalism just like you. They cannot stop. He wants to survive. The problem is in the banking sector.

Trump? Hell knows. Maybe Trump. If it’s not a scam.

[Monarchist]

Yeah whispered in your ear

[alekc73]

Movement in the right direction. But the profitability of the processing industry is at best 5-6%. As a result, the loans are the blood of the economy unbearable.

[gladcu2]

Heh .... Alex ....

You are naive and gullible ...

Under capitalism there are no right movements. All this is a bluff and a hoax. Your future and your children are being taken away from you.
And your future is your meaning of life.

Why then live if there is no future?

Therefore, the birth rate is low. And so the growth of suicides in the countries of the golden billion.

There is nothing good about it. And the only way out is the growth of education of all nations in the world. As soon as it approaches some critical moment, it should happen. That is likely all economic systems will become socialist. The main feature is guaranteed wages tied to the growth of production technology.

[Lumumba]

And why then all sorts of beggar blacks in Africa and other chuchmeks breed like rabbits, despite the fact that they live in ditches? They definitely have no future. Why would they live then? However, the birth rate breaks every conceivable record. And here you see, "the birth rate is low, because there is supposedly no future."

The birth rate crisis is not a problem of capitalism as such, but the flip side of a high standard of living, and this, alas, will not change during the transition to socialism (Well, except that we will make children by order of the party in our own, army way). Why in Europe and the Americas the "titular nations" are in no hurry to "breed in satiety" and half-impoverished migrants from Afghanistan and other Syria do it for them?

The rest about capitalism I agree with you.

[Mordvin 3]

We have a high birth rate. They said in a box that the president’s May plans for fertility were going well.

[gladcu2]

I will answer you easily and not forcedly.

Blacks in Africa breed easily because nobody fucks them. These noobs did not live to the point where they can be found in all homosexual holes. Keep silent about hetero ... there the males occupied a niche there.

Remember ... Native American Joe, do not catch, because no one needs ...

But Russia has a goal to survive. And Russia will be able to win only when EVERYTHING wins.

[katalonec2014]

I’m not rummaging at key rates, but I suppose that the Central Bank will give money to banks at this 10%, banks will increase their interest and it will turn out that the bank will give the same enterprise or, for example, a farmer already at 20%, and if you buy on credit, for example, the same refrigerator, then less than 30% percent will not be thrown (risks are high).
Maybe someone will explain to the poor fellow, I think correctly.

[Oml]

Quote: katalonec2014

I’m not rummaging at key rates, but I suppose that the Central Bank will give money to banks at this 10%, banks will increase their interest and it will turn out that the bank will give the same enterprise or, for example, a farmer already at 20%, and if you buy on credit, for example, the same refrigerator, then less than 30% percent will not be thrown (risks are high).
Maybe someone will explain to the poor fellow, I think correctly.

Yes everything is correct. The refinancing rate or the key rate is given by the Central Bank only for commercial banks; banks are already given out to individuals at their own interest. And the system of our banks is such that everyone will do something so as not to lose their fat.

[Viking]

Naturally, since in addition to borrowers, the bank also has depositors who brought their money at a rate of 10-12%, that is, they need to give back and earn money to the bank itself. A decrease in the key rate, in addition to a decrease in (potential) interest on loans for the population, also entails a decrease in interest on deposits for the population. And this is tens of millions!

[gladcu2]

Oml

They will not lose Navar as long as capitalism exists. Capitalism is not a curse, it is such an economic system. The principle in the system is the sale of money for money. And the goal is to seize material resources from the hands of the majority into the hands of units. In fact, this is legalized banditry.

[Major Yurik]

Quote: katalonec2014

I’m not rummaging at key rates, but I suppose that the Central Bank will give money to banks at this 10%, banks will increase their interest and it will turn out that the bank will give the same enterprise or, for example, a farmer already at 20%, and if you buy on credit, for example, the same refrigerator, then less than 30% percent will not be thrown (risks are high).
Maybe someone will explain to the poor fellow, I think correctly.

Alexander, your idea is correct, but this fact of the Central Bank’s philanthropy will break into the established vicious practice of distributing money for the needy, well, something like that!

[Banishing liberoids]

They themselves thought of it, or did the Elvira call from the State Department and were allowed to lower the rate?

[dmi.pris1]

They already said that our economy is torn to shreds .. Therefore, they lowered it ..

[kit-kat]

Why bother her, this bet? Only make a panic. Now, deposit rates will fall. Pancake...

[Tatar 174]

Quote: kit-kat

Now, deposit rates will fall.

Personally, I do not know those who have deposits and such to panic. Most people live without any contributions, and therefore all this is deeply purple ...

[V.ic]

Life is better , life has become more fun! (to bankers)

[faridg7]

Quote: V.ic

Life is better , life has become more fun! (to bankers)

The neck has become thinner, but for that longer

[Berber]

I am an entrepreneur and I will tell you that 0,5% in the economy is very significant. Loans to legal entities only approximately 280 trillion. rubles in Russia. That is, it turns out to pay less than 14 trillion a year. This is only legal. faces.

[uskrabut]

They reduced the rate of the Central Bank by 0,5%, and commercial loans are provided at 18% or more, where is your benefit?

[Muvka]

Those. By your logic, if the SB reduces the rate to 0, will you still be unhappy? After all

commercial loans at 18% or more

[gladcu2]

Berber

How do you say, so as not to humiliate.

Entrepreneur ... hmm. In computer games, they call him a gentle word - noob.

Be a little foreshortened outwardly developed. Because you run into problems like everyone else. There will be no exception.

[uskrabut]

horror has become better horror has become more fun !!!

[Berber]

Very good news. This is a good sign of a revitalization of our economy. I wonder how overseas will react to this?

[uskrabut]

They spoil over such a decline and such a rate, it also inhibits the development of the Russian economy

[Muvka]

Lower rates hinder economic development? Something new.

[AlexTires]

Benefactors, calm down! For the development of the economy, a rate of less than 1% is needed, it would be better if we engaged in the prices for fuel and lubricants - all over the world gasoline from our oil is cheap, but for us ....

[misljachii]

Here, gasoline rises and rises, where is it already further? I remember the gas started to cost 18 rubles, so my father all lamented, much further, but now it’s scary to look at the price tag: 36 r 40 kopecks, we have a liter of 92.

[stranik]

Mortgages, as given at predatory interest and give, are better reduced there.

[uskrabut]

10% refinancing rate + margin (income) of the bank about 5% = 15%

[uskrabut]

Such a refinancing rate only stimulate inflation (here, to the place of the quote by Lavrov).
It should be no more than 5%, otherwise it makes no sense to invest in the manufacturing sector of the economy. It’s easier to throw a deposit at the bank.

[dr.star75]

It’s strange to read the Central Bank’s motivation to lower the% rate allegedly because of lower inflation. Central Bank - this is the source of inflation. What is inflation? This is when a lot of money, and little goods. If there is as much money as there are goods, there is no inflation. And who is printing money with us? Central Bank? he initially plans to print 10% more money.

[Former battalion commander]

Instead of shutting down ALL THIEVE COMMUNITIES (supposedly Russian banks) that send TENS BILLION (!) Dollars a year (!) Abroad and then set this rate equal to 2-3% and finally give a sigh to both citizens and industry. This Central Bank continues the policy of STRANGING both citizens and industrialists. It is understandable by the owners of this Central Bank over the hill it is forbidden to do so here the WHOLE COUNTRY writhes for a dozen years in the financial stranglehold of its "native" Central Bank.

[nik1321]

I must say differently - a tribute to the state from each loan from each borrower is 10%, or even so, 10% of the mark-up is put into each product created on the basis of credit (equipment or raw materials purchased on credit money), which we will take away when we buy as an end consumer this product .... and why rejoice. Yes, I almost forgot to give it back to the bank, and somewhere around 20 - 25% is just a hoax - someone decided that we do not need this money, suddenly we will start to use it incorrectly - well like saving something, living from paycheck to paycheck - if you have a family and the refrigerator is broken - you won’t get anywhere and run a loan. Maybe I got it wrong? probably ... but I would like to come to the bank and show a good credit history to be able to get a loan at 5-7% per annum at least ...! Something I just can’t find such a bank.

[Tartar]

inflation will not reach the target level of 4% in 2017. This is mainly due to the inertia of inflation expectations and the possible weakening of household incentives to save.

They would say that people don’t have money. In absurd words increase their significance.

[Stas157]

Quote: professor

Our mortgage has risen in price to 3.5-4.5% per annum. If riot is not ripe then mass outrage.

I envy! But here we have personalities who convince us that Russia lives better than in Europe! And this is with the average salary, which is lower than in China!

[Vlad5307]

Quote: gladcu2

The main goal is to sell money for money. Capitalism is a legitimate fraud system.

Or am I wrong?

If in a simple way, then right. But, the main goal of any form of capitalism is to make a profit, and even better than profit, and for this it’s not a pity to put millions of people under bombs and bullets, preferably in other countries (but this is for the time being). The post-industrial form of capitalism is degenerating into a society of technocratic fascism, and this is the collapse of modern civilization. If she (civilization) does not refuse such a path of development that TNCs are laying. And in this sense, only the goals proclaimed by socialism can lead humanity to the path of further development, and not fade away under the burden of new technologies.