Economist and political scientist Nikita Maslennikov commented on the decision of the Bank of Russia to lower its key rate to 4.5% per annum.
- RIA Novosti
“By year the forecasts are different, but it is obvious that he will be around the inflation target. This allows the Central Bank to switch to a soft monetary policy, which is a stimulus for the economy,” he said in an interview with Nation News.
As recalled by the expert, followed by reduction of the key rate reduced rates on loans for legal entities and individuals.
For its part, the economist Andrei Kolganov in conversation with kp.ru confirmed that this makes a lower interest rate on loans.
“Likely continued decline of mortgage rates and consumer loans generally,” he predicts.
According to the expert, for business cheaper loans create a favorable environment for the development of production.
Earlier, the head of the Duma Committee on financial market Anatoly Aksakov commented on the decision of the Bank of Russia to lower its key rate to 4.5% per annum.