Andrey Kostin: a cut in the Central Bank's key rate will be a positive signal for the stock market

      03 December 2025 10:56 Economy

      VTB head Andrey Kostin, in an interview with the channel "Rossiya 1", noted that a reduction in the Bank of Russia's key rate will have a positive effect on the stock market. According to him, a further decrease in the rate will create favorable conditions for increased investment.

      "We hope that the key rate will continue to fall. This will contribute to citizens beginning to invest more actively in the stock market," the head of VTB said. Banks will follow changes in the Central Bank's key rate, he added.

      Recall that on October 24 the Board of Directors of the Bank of Russia decided to lower the key rate by 0.5 percentage point — from 17% to 16.5%. Despite this, the inflation rate still exceeds 4% year-on-year, and the Central Bank will continue to pursue a tight monetary policy to achieve its inflation targets.

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