The country’s financial authorities will respond to the decrease in inflation by changing the key interest rate, stated the President of Russia during a meeting with the Governor of the Nizhny Novgorod Region.
In his report to the president, the governor communicated that a slowdown in investment growth is anticipated in the Nizhny Novgorod Region in 2025. He attributed this to a reduction in investment demand caused by the high key interest rate.
– It will not last forever, inflation is decreasing, I believe the financial authorities will respond accordingly, — he stated.
It is worth noting that a financier predicted this at the end of August. The national currency may strengthen amid the passing of the tax period.