The Central Bank of Russia lowered the key rate for the first time since August last year.

The press service of the Bank of Russia has spread the message that the main regulator has gone to reduce the key rate, which has remained unchanged for several months. Recall that until today (since last August), the key rate of the Central Bank of the Russian Federation was at the level of 11%. The decrease was 0,5%.

The decision to reduce the key rate to 10,5% is dictated by the processes of stabilization of the macroeconomic system. This is indicated by representatives of the Central Bank of the Russian Federation.

From the statement press service of the Bank of Russia:

The Board of Directors of the Bank of Russia 10 June 2016 of the year decided to reduce the key rate to 10,50% per annum. The Board of Directors notes the positive processes of stabilizing inflation, lowering inflation expectations and inflationary risks amid signs of the imminent entry of the economy into the phase of recovery growth. The slowdown in inflationary processes makes it possible to more reliably expect a steady decline in inflation to less than 5% in May 2017 of the year and a target level of 4% at the end of 2017 of the year, taking into account the decision made and maintaining a moderately tight monetary policy. The Bank of Russia will consider the possibility of further reducing the key rate, assessing inflation risks and the consistency of the dynamics of slowing inflation with the forecast trajectory.

It is noted that the growth rates of consumer prices have slowed down, there is no high inflationary pressure, the prices of hydrocarbons have stabilized.
At the same time, the Board of Directors of the Central Bank of the Russian Federation states that this rate remains very high due to the continuing economic risks.

From the statement:

The risks that inflation will not reach the target level of 4% in 2017 have decreased, but remain at an elevated level. This is mainly due to the inertia of inflation expectations, the lack of a medium-term strategy for fiscal consolidation, the uncertainty of the parameters for the further indexation of wages and pensions. The volatility of world commodity and financial markets can also have a negative impact on exchange rate and inflation expectations. The realization of these risks may cause a slowdown in the process of lowering inflation.

In the business community, they declare a positive perception of the decision of the Board of Directors of the Central Bank, however, they believe that the Central Bank could go for a greater reduction in the key rate.

Comments

[Dr. Stein]

Yes fuck, now we’ll definitely heal!

[tiredwithall]

Why is the fifth column so generous? This is not a movement towards the country, it is a minor maneuver.

[Reserve officer]

"the growth rate of consumer prices has slowed down, there is no high inflationary pressure"

Perhaps the Central Bank lives in some other country ...

[cniza]

Well, you have to show that something is being done.

[Erg]

Quote: Reserve officer

Perhaps the Central Bank lives in some other country ...

And there is. Did you not know?

[Vladimir 1964]

Quote: Reserve officer

"the growth rate of consumer prices has slowed down, there is no high inflationary pressure"

Perhaps the Central Bank lives in some other country ...

A colleague, and you accidentally do not know what this country is called, I really want to live there in old age. And now, going home from work, in the city of Krasnodar, I went to the market, I wanted a salad for dinner. As he went in and went out. Tomatoes for 180 rubles, cool for a pensioner.
Something like this, your comment is absolutely correct.

[lukewarm]

Inhabits the Central Bank here. It works on a rotational basis. Represents the interests of the Fed and other world backstage. These geeks have only Russian surnames (and not all of them)

[dvina71]

Quote: Vladimir 1964

omidors for 180 rubles, cool for a pensioner.

Come to us in Severodvinsk. Tomatoes 100-120r. Cucumbers are a little more expensive, which is strange .. for me.

[Saratoga833]

Quote: Reserve officer

Perhaps the Central Bank lives in some other country ...

Indeed, the Central Bank is only physically present in Russia, and he lives in the United States, since his policies do not support Russia, but the US Federal Reserve! The blue dream is to nationalize the Central Bank and sweep away the entire financial bloc with a filthy broom, replacing it with people rooting for Russia!

[Nforce]

About column 5 is a strange saying. That is, in your words, the head of the Central Bank, the Minister of Finance and others, was appointed by the State Department, and the GDP is sitting and does not know about it. Poor. Sadness.

[slthew]

Quote: Nforce

About column 5 is a strange saying. That is, in your words, the head of the Central Bank, the Minister of Finance and others, was appointed by the State Department, and the GDP is sitting and does not know about it. Poor. Sadness.

Didn't you know? It is the fifth column. The entire cabinet, with the exception of Shoigu and Lavrov, accountable to Medvedev, all sold out to the country elite, which in turn sold to the West and is preparing a coup, in the country Putin and his team are in the minority, although in power, this is not the time to maneuver and Putin is understands, but when there is an attempt to arrange a coup, then they will open themselves, and all at once, then they will deal with it, and now they are building a fool.

[Nforce]

What are you? Enough to carry nonsense. In our country, the vertical of power and the gdp wants to appoint one and vice versa. And are Timchenko and Rotenberg not friends of him? And I ask you to note that all of them are not citizens of Russia, but they own Russian companies connected with natural resources. Also the machinations of the State Department?

[CORNET]

Well, still not to reduce .... The purchasing power of the population of Russia is below the plinth, neither pensions nor salary have been indexed for a long time .. The belts were tightened to maximum speed! While it is tolerant, I think that "Everything for the Army, everything for the Navy .." But if deceived, the Russian revolt will be cruel and merciless, keep in mind gentlemen!

[Dam]

Yes, and most importantly, rebellion will be very useful, here it’s as if life will become better, Ukrainians

[Nforce]

Although I do not support non-GDP, no one is in power today, I do not agree with you about the riot. Ukraine will seem like a kindergarten. In Ukraine there are not as many nationalities as in Russia, the main Slavs. In Russia, the situation is different and how much
more migrants. There will be a war as in Syria everything is against everyone, and even the presence of nuclear weapons, exacerbates the situation.

[Ivan Ivanych]

Lord in Paris

[Hon]

Quote: CORNET

So far it is tolerable, with the thought that "Everything for the Army, everything for the Navy .."

army of officials, and Abramovich’s personal fleet

Quote: CORNET

But if they deceive, the Russian rebellion will be cruel and merciless, keep in mind gentlemen!

we then in kitchens and on the Internet three times stronger we will find fault.
It seems Mikhalkov said "The man was angry at the master, he was angry, but the master did not know either - me"

[gladcu2]

CORNET

Nevertheless, it is with pleasure to note that Russia has retained the possibilities of economic regulation.

I remind you that gradually lowering the key rate says that capitalism has not yet come to its crisis. Along the way.

The crisis is 0% or even -.

[atalef]

Quote: gladcu2

CORNET

Nevertheless, it is with pleasure to note that Russia has retained the possibilities of economic regulation.

I remind you that gradually lowering the key rate says that capitalism has not yet come to its crisis. Along the way.

The crisis is 0% or even -.

Ie high. Does the bet speak of the heyday of the economy? - from your comments, the brain just vomits

[dmi.pris1]

And before that we didn’t live ?? Probably they were dying ..

Quote: Dr. Stein

Yes fuck, now we’ll definitely heal!

[SRC P-15]

The Central Bank of Russia lowered the key rate for the first time since August last year.

Do you need to understand that the percentage on deposits of the population will also fall?

[Vasily16]

Key rate in the US 0,5% in Japan - (minus) 0,1%

[CORNET]

Quote: Vasiliy16

Key rate in the US 0,5% in Japan - (minus) 0,1%

It is easier for the United States, they have a world currency machine, and the Japanese have the US base and the entire gold and foreign exchange reserve, that's what the Hiroshima and Nagasaki explosions are doing to the samurai ...! (there is still "Kolchak's gold" in Japan ...)))) Here's a Japanese mom ...

[Hon]

google bids in other countries

[gladcu2]

Vasily

You probably didn’t know that in the USA and Japan they also had 11%. And they lowered the rate with the need to revive the economy.

Since progress under capitalism is only in the movement of material resources. When Xnumx is stagnant.

[atalef]

Quote: gladcu2

Vasily

You probably didn’t know that in the USA and Japan they also had 11%. And they lowered the rate with the need to revive the economy.

Since progress under capitalism is only in the movement of material resources. When Xnumx is stagnant.

When did the states have under 11%?

[Renat]

We’ll surely heal as soon as the Fed’s branch called the Central Bank of the Russian Federation is forced to work for the country and not for the dollar. Alas, not before.

[atalef]

Quote: Dr. Stein

Yes fuck, now we’ll definitely heal!

Lower rates will lead to a weakening ruble

[asiat_61]

This is definitely nonsense!

[Lord of the Sith]

Lower rates, so more loans in the Central Bank will take banks and organizations. There will be more money supply, which means the dollar will creep up and inflation will increase. All this at a small percentage, but still.

[cap]

Quote: Lord of the Sith

Lower rates, so more loans in the Central Bank will take banks and organizations. There will be more money supply, which means the dollar will creep up and inflation will increase. All this at a small percentage, but still.

The retail price of loans from banks will not decrease, so bankers will earn money again. If this were followed by a recalculation of loans issued, I would be glad. And from the fact that banks will receive additional profit, it’s not cold not hot.

[Dr. Stein]

In the process of privatization, they are preparing , Scha will quickly hold collateral auctions among friends as the 90s and everyone will be especially happy people.

[Cat man null]

Quote: Sith Lord

Lower rates, so more loans in the Central Bank will take banks and organizations. There will be more money supply, which means the dollar will creep up and inflation will increase

- And how do you feel about Glazyev’s ideas?
- after all, he generally offers to print a sea of ​​rubles against receipts of all kinds of LLCs a la "Hooves to the Skull" ...
- Is it inflation too?
- But Glazyev says no, and that this will lead to a revival of the economy

[Ivan Ivanych]

Glazyev at first thinks and then speaks

[Cat man null]

Quote: Ivan Ivanovich

Glazyev at first thinks and then speaks

- willingly believe

[Alexey M]

And beyond the hill, the rate of 5% is not buzzing. And the amount of inflation directly depends on the bank rate. The higher the rate, the higher the inflation.
A low rate means that giving less money to the bank means less product cost, less price means higher turnover. Or the prices are the same, but more income and higher turnover again.
And if you also make a progressive tax, then there will generally be a fairy tale.

[Professor]

Quote: Alexey M

And beyond the hill, the rate is 5% and do not buzz.

Where is this? In the United States, it is 0.5% (half percent).
Worldwide Central Bank Rates


Interest Rate
PS
But in Switzerland it is generally negative. Type the money is in the account, and you also pay the bank for this, but on the other hand (theoretically) take a loan, and the bank pays you a percentage for this. Gap template.

[Observer2014]

Professor

But in Switzerland it is generally negative. Type the money is in the account, and you also pay the bank for this, but on the other hand (theoretically) take a loan, and the bank pays you a percentage for this. Gap template. wassat

Professor is not a gap in the template. It’s just that someone after the war (WWII) played nobility. And someone thought of loot (or invented an absolute cash zero). At first it was supported by an atomic bomb. Well, the main thing to start with an absolute cash zero is the first. And then you can become the main color revolutionary on the planet. I won’t print about de Gaulle, it’s boring.

[Cat man null]

Quote: Observer2014

Professor is not a gap in the template. It’s just that someone after the war (WWII) played nobility. And someone thought of loot (or invented an absolute cash zero). At first it was supported by an atomic bomb. Well, the main thing to start with an absolute cash zero is the first. And then you can become the main color revolutionary on the planet. I won’t print about de Gaulle, it’s boring

If it’s easy, please clarify how your writing relates to the fact that:

- in Switzerland, Japan, Denmark, ...
- is the CB rate negative?

[asiat_61]

And they lost weight from this?

[Ivan Ivanych]

To Mr. General Alesei, the letter M is a question
And why is the rate of 5 percent over the hill?

[Alexey M]

I am not mister comrade, citizen, compatriot, monsieur at last, but not mister.
People are all equal, and the masters were expelled in the 17th year.
And the rate beyond the hill is small because a high bank interest is a murder of the country's economy.
They took an example of 100 r at 15%, after a year you need to give 115 r. That is, in order for you to profit, your profit should be 15% bank + tax + energy + salary + rent or room charge + fuel and lubricants or transportation, etc., etc. there you have inflation.

[Observer2014]

Just one not modest question! Why do we have so many banks in Russia! ??? Come up with "banking products"? If the key rate is the same !!!! And the rest of the riffraff is spinning around !!!! Why !!! There are so many banks in Russia !!!
I propose to leave only "Bank of Russia". And for financial organizations like "Yenisei Finance" to introduce the death penalty! And those who "cover" such organizations.

[razmik72]

Quote: Observer2014

Just one not modest question! Why do we have so many banks in Russia! ??? Come up with "banking products"? If the key rate is the same !!!! And the rest of the riffraff is spinning around !!!! Why !!! There are so many banks in Russia !!!
I propose to leave only "Bank of Russia". And for financial organizations like "Yenisei Finance" to introduce the death penalty! And those who "cover" such organizations.

So the Bank of Russia does not work directly with the population, it’s another matter that the interest on borrowed funds is very large, my friend in the United States on a mortgage bought a house in Los Angeles, the annual interest on the loan is 1,5% in dollars, of course.

[Observer2014]

razmik72
As for the Armenians and money, you, as a representative of the most "great specialists" in this matter, I believe !!!
That is why Jews do not like Armenians! Envy!

[Cat man null]

Quote: Observer2014

Why do we have so many banks in Russia !? I suggest leaving one "Bank of Russia"

- The Central Bank of the Russian Federation does not work with individuals-legal entities
- The Central Bank of the Russian Federation lends to banks on the security of them, banks, assets
- the Central Bank of the Russian Federation has enough hemorrhoids without pulling out an overdue loan from Vasya Pupkin or Hoofs with Horns LLC
- work with individuals and legal entities and carry out those banks, which, like you scream say a lot

Available?

[dvina71]

Quote: Sith Lord

then the dollar will creep up and inflation will increase

At the expense of inflation .. most likely nothing will happen to it. As was the case.
But with the dollar, everything is more complicated. The Central Bank conducted a very tough purge of the banking sector. Many, rather large, banks were deprived of their licenses. Someone was warned. The withdrawal of foreign currency sharply decreased.
In fact ... if the money is not in the banks, but in use, then nothing threatens the exchange rate. Foreign trade with surplus, external debt is not burdensome.

[Hon]

Quote: Sith Lord

Lower rates, so more loans in the Central Bank will take banks and organizations. There will be more money supply, which means the dollar will creep up and inflation will increase. All this at a small percentage, but still.

the dollar fell a little and the euro. the rate was raised to reduce the fall of the ruble, but now the decline means that the economy is strengthening, and against this background, the ruble is getting stronger

[Dart2027]

Quote: Sith Lord

There will be more money supply, which means

there will be more opportunities for economic development.

[avvg]

And what will happen to the ruble? And I really want to see the gradual strengthening of the ruble.

[Dr. Stein]

Nothing will happen to him, the doctor said to the morgue, then to the morgue.

[dmi.pris1]

Well, bring your savings to the morgue, if you have them ...

[engineer74]

The low ruble exchange rate is by far the best protection of our manufacturer, much more reliable than any embargoes. So I would not rush.
PS I am not a banker and I also want to eat, but also for the "power" (s)!

[dvina71]

Quote: avvg

gradual strengthening of the ruble.

What a stupid thing. Expect better increase in the purchasing power of the ruble, it is more useful.
The course, in our time, is nothing but a weapon in an economic war. Or do you think that Russia is not participating in this war?
Sanctions are nothing compared to the ruble weakened against other currencies. This tightly closes the domestic market and is a protectionism of the domestic economy. However, so that this economy does not rot, the course must be maintained so that competition between the external and internal economies is maintained.

[Cat man null]

Shcha come Gardamir, Tambov Wolf and others like them ... and again shout the Central Bank.

Vangyu: they will blame for the fact that they have reduced not by 10% (and not even by 5%), but only by 0.5%

Check?

[Vadim237]

The rate will be sharply reduced - the ruble will fall.

[dvina71]

Quote: Vadim237

The rate will be sharply reduced - the ruble will fall.

Will not fall. Hedge funds will throw off all their rubles, and they have a lot of them, but they will not allow a significant drop in the ruble.

[Cat man null]

Quote: Vadim237

The rate will be sharply reduced - the ruble will fall

Vadim, did you read what I wrote about? Or are you on autopilot since yesterday already?

[cobalt]

The definition “signs of an approaching entry of the economy into the phase of recovery growth” was very smiling, painfully consonant with the specter of economic recovery.

[Ivan Ivanych]

Who is the "main regulator"? A question for connoisseurs ... Then a lot will become clear)

[kepmor]

Many naively believe that this is our native Central Bank with a "genius elvirochka"
Horseradish with two ..
For Russia, the "main regulator" is the US FRS!

[Cat man null]

Quote: kepmor

For Russia, the "main regulator" is the US FRS!

- it is exclusively in your inflamed brain

Not only, by the way, in your ... there are many hollow woodpeckers dinosauroff with similar "ideas"

PS: funny, by the way ...

- the word "dolbo-woodpeckers" (without a hyphen) is replaced by a local inspection robot with "go-ots" (also without a hyphen)
- where there gay pidoras lussac

[kepmor]

There is no point in discussing with you - everyone has their own vision of the problem.
But since you are such a "financial guru", then give a prescription - how can a doctor (Central Bank of the Russian Federation) reanimate a person (economy), if the doctor (Central Bank of the Russian Federation) has pumped out half of the blood from the patient's body (economy)?
Do you know how? Share with us, "dumb woodpeckers with sore brains" ...

[Cat man null]

Quote: kepmor

There is no point in discussing with you -everyone has their own vision of the problem

- funny. IMHO, this is just a reason for discussion
- I just roughly know what you say
- Do you know that I know this, and that I will answer
- and you will not have my objections to the answers. Unless, of course, you begin to argue that 2x2 = 7

Quote: kepmor

But since you are such a "financial guru"

- yes, I wish I had ... I went out for a walk ... by the way, it’s written in my profile

Quote: kepmor

give a prescription - how can a doctor (Central Bank of the Russian Federation) resuscitate a person (economy) if the doctor himself (Central Bank of the Russian Federation) has evacuated half the blood from the patient’s body (economy)?

You have the original model curve:

- it’s not the business of the Central Bank (more precisely, it’s not only the business of the Central Bank) - to revive the economy, by the way:
- where did you get the idea that the economy is needed reanimate? Airplanes with trains fly, rolls are baked, tap water and electricity are present in the wires ... steel is melting and pouring, spaceport-bridges are being built ... what are you going to reanimate here?
- ah, you do not like something specific? So ask a question so that it can be answered ... Well, you understand
- about "the Central Bank pumped out" ... well, I don't even know ... that is, it was the Central Bank that organized the capital outflow from the Russian Federation? Was it the Central Bank, and not currency speculators (and some others) who organized the "dance with the ruble" in 2014? True?? Well, well ...

Quote: kepmor

us, "dumb woodpeckers with inflamed brains"

- an inflamed brain was implied you personallyand don’t harness the crowd here
- not doltsyatlyami, but dinosaurs ... but what else to call people who, for example, without reading the Constitution, already demand to change it? Because someone told them that this should be done? Dinosaurs they are, nothing personal
- quite a cute, by the way, little animals, IMHO

That's something like

[vanavatny]

hang on there, a group of prominent theorists knows that he knows everything about what he knows about what they know - but this is still a mystery, everyone is in a good mood

[Mountain shooter]

Down and Out trouble started. I can imagine how their hands were shaking, to sign such a resolution. In order to pull off an avalanche, a pebble is enough. now they will, in small steps, move rates toward the planned inflationary expectations, to 4%! by the end of the 17th, IMHO, we’ll crawl up to 6-7%. It is dangerous to sharply reduce interest on loans in our country. Unbearable begin to type . If under 300% per annum they managed to take, substituting asses under the collectors, then consumer ones under 10% - what are you talking about? But a mortgage at 6% per annum is the dream of many. There will be a construction boom, which is no worse than the sanctions and counter-sanctions of agricultural production, will pull up the production of building materials, equipment and everything related. There is no doubt a positive action. The trend, however!

[Cyril7377]

Before the imposition of sanctions, our banks took loans abroad at their 3-4% and gave loans to our industrialists at 10%, which more or less contributed to at least some kind of industrial development, although with an average profitability of production of 7% and this was a lot, now at 20-25% they provide loans that fuck nobody needs, because it is not possible to repay them. But Gref said that our enterprises do not take loans because they say they do not need them-)))

[dvina71]

Quote: Cyril7377

now at 20-25% provide loans

This is a consumer loan rate. Enterprises are not credited there.

[Nforce]

And the people had money, people bought goods and the economy was spinning. Now the people have no money. And it is not clear how to get out of this. They do not want to give cheap loans. Investors in Russia do not go. In short, train.

[hunt1]

not quite in the subject: now I read about disneyland in kaluga they say there’s no pensioners and there are toys. I didn’t spit for a long time, that's where such mankurts come from, they all turn it over and press on problems.

[Thunderbolt]

Quote: Hunt1

there are no pensioners but toys. I spat for a long time

Well, why are you so. We have a motto in our country: "All the best is for children!"
And our oligarchs have many children. And they ask everyone to eat.

[kagorta]

This is a help for enterprises taking long money for updating production. Because 0,5 percent of 500 million 2,5 million rubles with net profit savings.

[33 Watcher]

Somehow news, not for the Military Review ...

[bad]

Quote: Dr. Stein

Yes fuck, now we’ll definitely heal!

support! no censorship words ..

[Signaller]

I’m going to Sberbank, I put money on demand. They pay for what they put-type on demand-4% of where the Central Bank twists such percent. ??? 4.-5% and normal. But no ..... Well, they reduced it, and that's not bad. Reduced to 4%, it would be that.

[certero]

It seems that half of the "commentators" do not even understand what the hell is this, this is the key bet :)
But everyone knows what needs to be done.
The world as it is - the world currency is the US dollar, and the Russian ruble. And no one can change it yet.

Quote: kagorta

This is a help for enterprises taking long money for updating production. Because 0,5 percent of 500 million 2,5 million rubles with net profit savings.

Almost so, but not so, because no one will recount loans at new rates. But here you can re-loan already taken yes, at a lower percentage. So in general you are right.

[Ros 56]

What the fuck are you? The rate of -0,4% has long been in the West, i.e. you need to give less than you took, well, in extreme cases, the same amount. And we have under 29%, and then under 37% off scale, what the hell business and taxes, there would not be left without pants. And you say why they do not formalize hard workers.

[masiya]

Yes, let’s heal especially with this NAEBULLINA, one middle name Zadovna says a lot, so sit dear in this place .... you can wipe this place with interest on deposits in banks ... the mortgage as it was and remained in sky-high heights .. . and in general the entire banking sector is full of Jo ... p .. pa for the people ... HELLO EVERYONE !!!

[coolvoldik]

In our Russian economy, the banking system is practically not connected with the industrial sector. She initially worked for herself, using short money raised from the Central Bank to speculate on the stock and foreign exchange markets.
The industrial sector was credited mainly from its offshore companies or directly from Western banks. Therefore, the Central Bank rate for the industrial sector, in our system, is monopenis. The only task they perform (our banks) is bank transfers, which even the post office can handle. The need for such a system is, to say the least, in doubt.

[avg-mgn]

Quote: tiredwithall

Why is the fifth column so generous? This is not a movement towards the country, it is a minor maneuver.

Millet conditioned reflex to the depreciation of the dollar and no more. For the most part, they do not know how to think, and those who knew how have long forgotten how.