The National Bank has lowered the refinancing rate to a record level. Since August 14, it will fall to 9.5 %. And this is the main result of the meeting on monetary policy. The refinancing rate as the main indicator of the financial system for more than a year signals the stable state of the market.
Among other factors is a decrease in inflation within the country and the Russian market, where inflation is also taken under control. What happens next? The regulator is careful in estimates until the end of the year. The external environment, undoubtedly, as before, will play a key role in the Bank's future decisions.
The reduction of the key rate affects the fall of interest on loans. Their availability in recent years has resulted in a real boom in consumer lending. But the previous rate should not be expected, the regulator is sure. Even with further interest rate cuts.












