Only two of eight economists surveyed who follow Russian monetary policy expected a rate cut as their main scenario, according to Bloomberg.
The Russian economy is being slowed by high credit costs, and growth fell to 1.0 percent in 2025, down from 4.9 percent in 2024.
Inflation in Russia appears to be on track to reach 6.4 percent in January, according to estimates. This compares with 5.6 percent in December. The Russian inflation target is 4 percent.
