The central bank lowered the key rate

Press office Bank of Russia announced the next reduction in the key rate. The volume of decline amounted to 0,25 percentage points. From Monday (March 26) the key rate in Russia will be 7,25%.

Recall that from February 12 of the current year, the key rate introduced by the Central Bank was 7,5%.

The decision on the next reduction of the base rate level was taken by the representatives of the Bank of Russia management on the basis of low inflation. According to the Central Bank of the Russian Federation and the Ministry of Finance of the Russian Federation, by the end of February, the annual inflation rate in Russia was 2,2%. This is the absolute inflation minimum for all history Russian Federation. The planned inflation figures for 2018 are 4%.

Earlier, in a message to the Federal Assembly, President Vladimir Putin noted that low inflation can be considered a positive indicator in the current economic conditions. Ultimately, it should lead to cheaper loans for both the population and business.

How realistically the loans in Russia have fallen in price in recent months is a separate question.

Comments

[For example]

Well FSE. Lafa started in Russia !!!

the absolute inflationary minimum in the history !!!!!!!!!!!!!!!!!!!!!!!!

That's what happiness is in! - in the inflation minimum
Moneylenders (bankers) are evil.

[Chertt]

Who is interested, Nabiulina said that the key rate can not only be raised, but also lowered? Order to this genius. So it goes, Medvedev’s iPhone will be taken away and he’ll stop talking nonsense

[Russia]

The current government is on a demobilization, if possible with a demobilization chord, i.e. early

[Evil543]

Quote: Rusland

The current government is on a demobilization, if possible with a demobilization chord, i.e. early

Offer a kick in the ass?

[Gray brother]

Quote: Chertt

Who is interested, Nabiulina said that the key rate can not only be raised, but also lowered?

Connecting you! The Central Bank has long been engaged in lowering.

03.02.2013 - 02.03.2014 5,5
03.03.2014 - 27.04.2014 7,0
28.04.2014 - 27.07.2014 7,5
28.07.2014 - 04.11.2014 8,0
05.11.2014 - 11.12.2014 9,5
12.12.2014 - 15.12.2014 10,5
16.12.2014 - 01.02.2015 17,0
02.02.2015 - 15.03.2015 15,0
16.03.2015 - 04.05.2015 14,0
05.05.2015 - 15.06.2015 12,5
16.06.2015 - 02.08.2015 11,5
03.08.2015 - 13.06.2016 11,0
14.06.2016 - 18.09.2016 10,5
19.09.2016 - 26.03.2017 10,0
27.03.2017 - 01.05.2017 9,75
02.05.2017 - 18.06.2017 9,25
19.06.2017 - 17.09.2017 9,0
18.09.2017 - 29.10.2017 8,5
30.10.2017 - 17.12.2017 8,25
18.12.2017 - 11.02.2018 7,75
12.02.2018 - 25.03.2018 7,5
26.03.2018/7,25/XNUMX - present XNUMX

[Chertt]

Thank you, Sergey. It’s good that there is room to move. Up to 1-3% as in developed economies. Or to negative ones like Japan, Sweden, Switzerland

[Golovan Jack]

Quote: Chertt

Who is interested, Nabiulina said that the key rate can not only be raised, but also lowered?

I think she’s still in the subject ... but here

Quote: Chertt

Or to negative ones like Japan, Sweden, Switzerland

“Negative” - it’s not at all for Vasya, who came to take a car
Nabiullina also knows this. And you, campaign, no

[Chertt]

Quote: Golovan Jack

Nabiullina also knows this. And you, campaign, no

Rude again Not unexpectedly. I’ll tell you as a friend, God forbid, of course, I am aware of the nuances of negative rates

[Golovan Jack]

Quote: Chertt

I am aware of the nuances of negative rates

Then you carefully hide it.
And I, by the way, didn’t be rude to you

[Vadivak]

Quote: Chertt

like Japan

There and a mortgage of 1,6%, completely insolent

[sapporo1959]

Well, in Germany, if you build an ecological house like that, they’ll give you a half percent in general. They’ve completely gone crazy! Where is the banker?

[yustas]

Judging by the amount of attention paid to the banking sector, loans should be almost free, because I support banks with our taxes.

[Alex_Rarog]

Well, we are waiting for a mortgage at 5% and a fire ... although in fact, already the 2nd year they lower the rate, in principle, not bad ...

[Proxima]

Quote: For example

Well FSE. Lafa started in Russia !!!

the absolute inflationary minimum in the history !!!!!!!!!!!!!!!!!!!!!!!!

That's what happiness is in! - in the inflation minimum .

Moreover, in the history of new Russia, the ruble for the first time even surpassed the US dollar in this indicator
But the reasons for pig joy end there. Low inflation in Russia is not due to GDP growth (as in the USA), but because of the extremely low solvency of the population.

[Vard]

Retirement from April XNUMX will increase ... an average of one hundred and fifty rubles ... Eh ... get drunk!

[Genry]

The inflation rate below the key rate of the Central Bank indicates that few people use loans from the Central Bank and mainly use loans from foreign banks (rates lower than inflation), which is why they transfer enterprises to offshore (this is the purpose of high rates of the private Central Bank, which is not a state bank )

[For example]

Quote: Genry

this is the goal of high rates of the private Central Bank, which is not a state bank).

For those on the train:
Article 2.
The authorized capital and other property of the Bank of Russia are federal property. In accordance with the purposes and in the manner established by this Federal Law,
The Bank of Russia exercises authority over the possession, use and disposal of Bank of Russia property, including the Bank of Russia gold and currency reserves.
Withdrawal and encumbrance of obligations of the specified property without the consent of the Bank of Russia are not allowed, unless otherwise provided by federal law.

[Genry]

Quote: For example

For those on the train:
Article 2.
The authorized capital and other property of the Bank of Russia are federal property. In accordance with the purposes and in the manner established by this Federal Law,

Now find the constituent documents of the Central Bank (charter, etc.) ...
And capital and property in any bank - for the most part, are deposits of third parties.

[Golovan Jack]

Quote: Genry

Now find the constituent documents of the Central Bank (charter, etc.)

Why do you need it?

Quote: Genry

And capital and property in any bank - for the most part, are deposits of third parties

Qty ???
---
Ooooooooooooooooooooooooooooooo

[andrej-shironov]

Well Golovan, I recognize you! Again, trying to laugh at the arguments. We don’t hear your arguments. Who would doubt that. You are our poker player.

[Genry]

Quote: Golovan Jack

Quote: Genry
Now find the constituent documents of the Central Bank (charter, etc.)
Why do you need it?

Find out the owners .....

Quote: Golovan Jack

Quote: Genry
And capital and property in any bank - for the most part, are deposits of third parties
Qty ???

Tyuyuyu ...... So you think that only the owner’s money is in the bank - you don’t know a damn!

Quote: Golovan Jack

Ooooooooooooooooooooooooooooooo

Again to your brain! He is a professor. And you proX-ve-sor.

[Golovan Jack]

Quote: Genry

Tyuyuyu ...... So you think that only the owner’s money is in the bank - you don’t know a damn!

I don’t think so, and I didn’t say that. This is what you said for some reason.
But you (for some reason) confuse the authorized capital of the bank:

Quote: For example

The authorized capital and other property of the Bank of Russia are federal property

... and investor money. And, therefore, it is you, as you deigned to say,

Quote: Genry

you don’t know a damn

Quote: Genry

He is professor

Quack he

[Genry]

Quote: Golovan Jack

But you (for some reason) confuse the authorized capital of the bank:

And how is it, with the constituent documents, how much is the authorized capital? The authorized capital, in the case of the Central Bank, you can forget, because you can never call him (the bank) responsible. He is outside the Russian jurisdiction, which is covertly prescribed in the Constitution, on the alleged independence of the bank over Russia (but he is dependent on someone else and follows his directives).

Quote: Golovan Jack

Quack he

??
They said "A", so say "B".

[Golovan Jack]

Quote: Genry

He is outside the Russian jurisdiction, which is covertly prescribed in the Constitution, ostensibly independence of the bank before Russia

There is no such thing in the Constitution.
But in the Law on the Central Bank the functions and composition of the NBS are described in detail, without which the Central Bank can neither breathe, nor ... on the contrary, can.
There, in the NBS, by the way, even the beloved by many here, Glazyev wins. But for some reason there is no unloved Kudrin there ... and why would this be interesting?
Now, enlighten:

 National Banking Council

http://www.banki.ru/wikibank/natsionalnyiy_bankov
skiy_sovet /

Quote: Genry

They said "A", so say "B"

So I already even said "E". A charlatan, he is a charlatan. Fools ... illiterate. You are charmed by something

[Genry]

Quote: Golovan Jack

There is no such thing in the Constitution.

"Protection and ensuring the stability of the ruble - main function Central Bank of the Russian Federation, which he carries out independently from other public authorities. "

Quote: Golovan Jack

But in the Law on the Central Bank the functions and composition of the NBS are described in detail, without which the Central Bank can neither breathe, nor ... on the contrary, can.

Where is it written in the law that the bank is obliged to comply with the decisions of the NBS and how can it be punished for non-compliance?

Quote: Golovan Jack

So I already even said "E". A charlatan, he is a charlatan.

So bring at least one fact. Or are you like a gentleman here ...

[Genry]

Quote: Golovan Jack

Fools ... illiterate. You are charmed by something

He does not captivate but says what needs to be done. And the government was forced to go for import substitution, which Katasonov called the mobilization economy in 2013.

And the Central Bank will be reformed in the next couple of years. (referendum, amendment of the Constitution, cleaning of laws in favor of the state)

[vanavatny]

urrraaaaaaa

[Irokez]

All according to plan. Let it take small steps forward.

[Genry]

To "forward" it is necessary to nationalize the Central Bank, which is impossible, due to the foreign jurisdiction of the bank. Or open your own state bank (amend the Constitution), which can lend to both the Russian government and the economy.

[Alex-a832]

Quote: Genry

So that "forward" it is necessary to nationalize the Central Bank,

The nationalization of the Central Bank of Russia is a purely populist slogan, under which there is no sense. The Central Bank is now controlled by the political power of the Russian Federation. Including in connection with this, the sanction pressure of the United States and the EU failed to collapse our economy since 2014. If the Central Bank were in the hands of traitors, then we would now have potatoes not for 29 rubles / kg. they bought at the store, and for 290 - at best.

[Genry]

Quote: Alex-a832

The Central Bank is now controlled by the political power of the Russian Federation.

How so?
You can give advice to this office (everyone can), but never have a clear order. And how will you punish for non-compliance?

Quote: Alex-a832

Including in connection with this, the sanction pressure of the United States and the EU failed to collapse our economy since 2014.

Yes, yes ... Immediately collapsed the ruble exchange rate twice (khoroshshoooo grabbed the ruble holders). They refused to introduce a restriction on the cross-border movement of capital (withdrawal of money from the economy) ..... They increased the base rate from 7% to 15%.

Quote: Alex-a832

If the Central Bank were in the hands of traitors, then we would now have potatoes not for 29 rubles / kg. they bought at the store, and for 290 - at best.

Every day, the Central Bank brings you closer to this level, since no increase in oil prices compensates for the nonsense that explained the fall of the ruble.

[Alex-a832]

Quote: Genry

You can give advice to this office (everyone can), but never have a clear order. And how will you punish for non-compliance?

This is not an Amer’s office, but a Russian one with pseudo-independence from our government. If many do not know how to completely subordinate it, then some, including and our authorities know this.

Quote: Genry

Yes, yes ... Immediately collapsed the ruble exchange rate twice (khoroshshoooo grabbed the ruble holders). They refused to introduce a restriction on the cross-border movement of capital (withdrawal of money from the economy) ..... They increased the base rate from 7% to 15%.

Turned upside down. The ruble depreciated due to the collapse in oil prices, and the Central Bank kept the speculative price spike by raising the rate. Inflation was crushed in Russia also with the help of the state. companies. The overall result is good, although it was not without excesses. I don’t want to explain in details.

Quote: Genry

Every day, the Central Bank brings you closer to this level, since no increase in oil prices compensates for the nonsense that explained the fall of the ruble.

This remark is incoherent, so I don’t know how to comment on it. And the Central Bank is now reviving the lending market, especially mortgage. As if the West did not want the opposite, but the Russian economy withstood shock therapy and stabilized. I see no reason even for skepticism, and not just for panic.

[andrej-shironov]

Quote: Alex-a832

Quote: Genry

So that "forward" it is necessary to nationalize the Central Bank,

The nationalization of the Central Bank of Russia is a purely populist slogan, under which there is no sense. The Central Bank is now controlled by the political power of the Russian Federation. Including in connection with this, the sanction pressure of the United States and the EU failed to collapse our economy since 2014. If the Central Bank were in the hands of traitors, then we would now have potatoes not for 29 rubles / kg. they bought at the store, and for 290 - at best.

It is difficult to collapse the economy lying on the bottom!

[Yrec]

For 20 years everything has relied on foreign investment, which never happened. Now, even though they turned their faces to their country, did they really believe in their people? On the face are all the signs of the approaching End of the World.

[Denis Obukhov]

This, apparently, is the breakthrough that Putin had just spoken to the people, did not have time to say, and here it is, "what a joy."

[ramzes1776]

Cool, by as much as 0,25%. It was necessary to stretch them for another 25 days by 0,01%, then the whole month would have been overpowered.

[Alex_Rarog]

Over the past two years, the rate has been reduced by almost 5%. This is already non-acidic, provided that the Central Bank operates in huge amounts. There, and 0.01 percent translates into billions.

[Genry]

Quote: Alex_Rarog

Over the past two years, the rate has been reduced by almost 5%.

They never reached the level of 2014 (7,0)!
The Central Bank will hang out like shit on a stick in the region of 7-10%, which is much higher than the normal level of 1-2%

[Captain Pushkin]

Quote: Alex_Rarog

Over the past two years, the rate has been reduced by almost 5%.

In March 2014, the rate was 5,5% and for nine months the Central Bank lifted it to 17%
Well, the Central Bank does not want affordable credit in Russia and categorically does not want the economy to come to life.
Well, it’s understandable, Naibulin was not in vain taught at Yale University how to work with the Papuans, they won’t teach bad things there.

[Hiller]

Really a field of miracles found?

[LUCKY777]

My neighbor bought a car from me (Mitsubishi used for lam), I went nuts, it’s only at 23 percent (and it’s for 5 or 10 years (I was just in shock, which I really didn’t remember)) I found a loan, the rest of the banks were sent by forest (which he incidentally brings down in shifts)!

[iscander]

Strange, but I recently heard an advertisement from a bank - they offered consumer loans from 11.5%!
23% - this is probably with a generally “wild” credit history and without any income statements!
A car loan in general has long been far less than 10% offer salons!
Maybe something is wrong with a neighbor?

[RUSS]

Quote: Iscan der

23% - this is probably with a generally “wild” credit history and without any income statements!

It is true that either the person had a sin in credit history, or he was not officially employed, and if it works, then the white salary is small - hence the high percentage.

[LUCKY777]

Yes, everything is fine with the neighbor, and this is stupid Peter. I was working in the private production of caravans 7-8 years ago, and we needed a loan for development. Well, they described everything to the screw on bail, even a smelly table upholstered in iron was recorded as a workbench for 15 thousand, and no one even came to watch, so a couple of pictures were taken from production. So everywhere loans were about 12-14%, in fact they took under 20 with something, and the director was not a sucker, had three businesses. So on paper one thing, and ravines is another.

[Alf]

Quote: Iscan der

loans from 11.5%!

That's exactly what

Quote: Iscan der

from

.

Quote: Iscan der

A car loan in general has long been far less than 10% offer salons!

And how much do they actually issue?

[Mountain shooter]

So he took a LOAN WITHOUT SECURITY ... and what kind of loan will they give you in the USA without security? They won’t give it at all. Or at the same interest, more than half of which are insurance against non-refund ...

[Nikolay Fedorov]

Quote: from article

The central bank lowered its key rate by 0,25 percentage points. How much cheaper loans for the population and business? ...

Answer: loans will rise in price. All the same. as with oil. If oil (there, beyond the hill) rises in price, then gasoline in our country also rises in price. If oil is getting cheaper, then our gasoline is also getting more expensive.

[RUSS]

Quote: Nikolai Fedorov

Answer: loans will rise in price

Don’t say that you don’t have a clue about what the Central Bank is reducing the interest rate, so the banks also need to reduce the interest on loans, simply put, commercial banks charge interest from the Central Bank, and the lower the interest rate in the Central Bank, the lower the percentage of interest in banks for the population

[Alf]

Quote: RUSS

The Central Bank reduces the rate, which means that banks also reduce the interest on loans, simply put, commercial banks take money from the Central Bank for interest, and the lower the interest rate in the Central Bank, the lower the interest for banks in the population

And since when have businesses linked their lower interest rates to lowering the Central Bank rate? Here's a raise is holy.

[Nikolay Fedorov]

Quote: RUSS

Quote: Nikolai Fedorov

Answer: loans will rise in price

Don’t say that you don’t have a clue about what the Central Bank is reducing the interest rate, so the banks also need to reduce the interest on loans, simply put, commercial banks charge interest from the Central Bank, and the lower the interest rate in the Central Bank, the lower the percentage of interest in banks for the population

Why are you retelling the American textbook to me? Can you still start telling me an American fairy tale that a banker is a friend to a person? Maybe you will be able to justify, from what calculation of the Central Bank rate “ours” does Sberbank give loans to the population at 4 (four) percent per annum in the West, in the Czech Republic, for example?

[Quintus sertorius]

I look here in the commentators only hohlonavalnye. Any positive willing to crap. And what does the Fed move immediately by 10-20%? Do not like inflation? Where is she not? D.B.

[NKT]

No need to compare with the Fed rate. Our rate does not affect the banking market and the economy of the country as much as the Fed rate.

[Genry]

Quote: Quintus Sertorius

And what does the Fed move immediately by 10-20%?

Do you understand what you wrote?
These are relative percentages. The Fed rate is close to zero, and its change, even by 100%, will not push it much from zero.

[antivirus]

Still, loans to entities should be revised at 7% (both received earlier and now)

[KAV]

Quote: antivirus

Still, loans to entities should be revised at 7% (both received earlier and now)

Why review? Take a new loan at a reduced rate and close the previously taken one. You have to learn everything ...
If anything, I personally did so, in the same bank in which I had an initial loan.

[Paranoid50]

Quote: KAV

If anything, I personally did so, in the same bank in which I had an initial loan.

When the progressive decrease in the rate began, they began to call from banks with proposals for re-lending. So I did it easier: I collected them “in a heap” and refinanced in a “different bank” on acceptable terms. It’s quite uplifting ..

[KAV]

Quote: Paranoid50

So I did it easier: I collected them “in a heap” and refinanced in a “different bank” on acceptable terms.

Or the way you did. There are plenty of options.

[antivirus]

I - about the subjects of the federation - regions and republics and municipalities - loan loans under the "May decrees" of 2012.
3-5% ago were other %%.
they need to be cut back retroactively, so that banks and doctors do not weld at an increase in s = pl.
2 times the key rate decreased

[Mountain shooter]

Well, as expected. In the US, the mortgage is "average" at 4.82% ... At a rate of 1.75. the difference is slightly more than 3%
We no longer have a focus of 9.5%. So what's wrong? You need to read the contract. And the contract by which you first pay interest for the whole time, and then the body of the loan - seeming prosperity. On what our "very literate" come across.

[mavrus]

Quote: Rusland

The current government is on a demobilization, if possible with a demobilization chord, i.e. early

Kick them good, and not a demobilization chord. The entire "economic bloc", together with Medvedev

[rocket757]

For the layman, consider the news about nothing! About trade, banks, loans ..... we are simply poor, this will not help in any way.
The fact that the economy after or in anticipation of the future will flourish ??? no, not funny.

[16112014nk]

... the inflation rate in Russia was 2,2% ...
And in the cemetery, the inflation rate is 0%. This is the goal of the Central Bank and Naebulina.

[K.A.S.]

Quote: mavrus

Quote: Rusland

The current government is on a demobilization, if possible with a demobilization chord, i.e. early

Kick them good, and not a demobilization chord. The entire "economic bloc", together with Medvedev

and what then will the percentage fall? what specifically doesn’t suit you and what do you want from another?
Yes, you read the comments, just such specialists, it is especially noticeable when they cite the countries of the EU and the USA with a low interest rate, where the population is many times more than the Russian one! Do you think that there is any connection between the population and the low rate?
imagine for example. that the bet on a thing has fallen now and all who could buy it. the question is when these people can buy the next thing! right, after repaying the loan, that is, in a few years! the question is, what should workers do at the enterprise, all this time? And how many people a thing can take loans. which he will be able to pay. one two. three ten?
the economy is not so simple! By the way, how many people went after this news, for a loan for business development, Oh, I’ll recover, how many people will go for business loans after they cut the interest rate even more?

[Vitaly Anisimov]

The bulk of the population lives from paycheck to paycheck .. So all these attempts by the Central Bank to envelop the entire population with loans is useless! We will not go unambiguously along the path of the USA and the West. On credit, living is not our chip .. The usurers tear and toss, trying to lure as many people as possible into this noose! It will not work gentlemen .. We don’t get used to tighten our belts and we rely only on ourselves.!

[andrej-shironov]

I just see how the Central Bank, under the leadership of a certain woman, completely cuts rates so that banks can issue mortgage loans to citizens at 3-4% per annum! I repeat for those who are not in the know: lower interest rates mean an increase in the difficulty of obtaining loans! Any! For all!

[Hiw]

Thieves in law are these banks. I’m wondering why Sberbank abroad can give loans to the population at 5% per annum, but we have lower than 15 in any way ??? That is, it’s also profitable under 5, but if we do not have competition in the form of foreign banks (Russian conditions at the entrance to the WTO), then people can be ripped off. It seems that only one thing will catch them - if the people can’t tolerate and inadvertently trample them

[vladimirvn]

Why does the government give us money in loans not directly, but through banks? Why allows bankers, who earn interest, to cash in on loans, borrowings and mortgages?

[Bondik05]

On loans. There is a bank from which I have a salary card. Credit advertising from 11,5% - in fact 16%. Car loan - the same situation in loans already "sewn in" and insurance. Another feature is a loan term of at least 3 three years. And at first you pay interest, the main debt in fact is not paid off, which makes early repayment senseless. Personally, I took a loan at 16,6% per annum with an advertising of 11%. A decrease in the Central Bank rate is an additional profit for the bank and not a decrease in the cost of a loan.

[XXXIII]

Quote: Bondik05

Credit advertising from 11,5% - in fact 16%.

reduced to 11%, in fact 15% very much .... Only silence on deposits ...

[Golovan Jack]

Quote: Genry

Protection and ensuring the stability of the ruble - main function Central Bank of the Russian Federation, which he carries out independently from other public authorities

It is correct that independently.
Otherwise, "advice for ... torture", yeah
Incidentally, this does not mean "independence of the Central Bank of the Russian Federation from the state of the Russian Federation."

Quote: Genry

Where is it written in the law that the bank is obliged to comply with the decisions of the NBS and how can it be punished for non-compliance?

Read the functions of the NBS carefully. And understand correctly ... if able

Quote: Genry

Quote: Golovan Jack

So I already even said "E". A charlatan, he is a charlatan

So bring at least one fact. Or are you like a gentleman here ...

You first deal with the Central Bank and NBS. You’ll get confused.
Although you are likely to get confused

[naidas]

Maybe they stopped taking loans or taking without giving?

[Freelancer7]

in fact, the creeper in the store only rises in price, I don’t know for whom it was “better”, for businessmen it might be, but certainly not for ordinary people ... and loans are enslavement, overpayment to banks ...

[Alexsever]

Good day to everyone! What can I say as a simple hard worker. And I will say this. Prices are rising, in reality loans are issued at a higher percentage than in advertising, although it should be noted that the percentage on loans has really decreased. All my relatives and friends live from paycheck to paycheck, including me, but this is because we pay a mortgage and even a loan, or even several.