---
title: "The Central Bank did not even consider lowering the key rate in September and October, only keeping… — Эльвира Набиуллина — DecisionGateway"
description: "statement by Эльвира Набиуллина, recorded recently — verbatim quote and source citation."
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statement

# **The Central Bank did not even consider lowering the key rate in September and October, only keeping it unchanged.**

A statement by [**Эльвира Набиуллина**](https://dgw.tmarket.io/actors/01a1bff7-ec46-7025-a495-bca65c7131cb). Statements are as reported by the cited publishers — not verified by DecisionGateway.

> *В сентябре и октябре ЦБ даже не рассматривал снижение ключевой ставки, только ее сохранение, заявила глава регулятора Эльвира Набиуллина на совместном заседании трех комитетов Госдумы.*

thebell\_ioPublished 2026-11-09 [ Read source](https://t.me/thebell_io/39813)

[**Эльвира Набиуллина dossier **](https://dgw.tmarket.io/actors/01a1bff7-ec46-7025-a495-bca65c7131cb)

## **Discussion**

## **Related claims**

[**The head of the Central Bank named the attacks on refineries as the first reason why the regulator stopped lowering the rate.**Эльвира Набиуллина · statement](https://dgw.tmarket.io/claims/01a1cb8f-9f07-7d17-a6b9-5ce049638c13) [**Пока нельзя торопиться со снижением ключевой ставки ЦБ.**глава Банка России Эльвира Набиуллина · statement](https://dgw.tmarket.io/claims/01a1bff7-f88d-7a4b-b17a-78762f06e777) [**The Bank of Russia kept the key rate at 14% on 23 October.**ЕАБР · statement](https://dgw.tmarket.io/claims/01a1d787-54c0-7730-a328-36b86640b8b5) [**Following the discussion, the key rate was kept at 14% per annum.**Резюме обсуждения ключевой ставки · statement](https://dgw.tmarket.io/claims/01a1d10a-ebd3-76c1-8657-3fe50a293488) [**EABR expects the key rate to stay at 14% until February–March 2027.**ЕАБР · prediction](https://dgw.tmarket.io/claims/01a1d787-54d8-717e-9202-adfd4dd48907) [**The Bank of Russia raised the projected path of the key rate for 2027–2028; the average key rate in 2027 is expected in the range of 12.5–13.5% per annum.**Банк России · prediction](https://dgw.tmarket.io/claims/01a1d10a-ec06-7298-8397-39073cdcef79)

## **More claims by Эльвира Набиуллина**

[**The head of the Central Bank named the attacks on refineries as the first reason why the regulator stopped lowering the rate.**statement](https://dgw.tmarket.io/claims/01a1cb8f-9f07-7d17-a6b9-5ce049638c13) [**Credit will also grow in a restrained manner: in 2027 at roughly the same pace as this year.**prediction](https://dgw.tmarket.io/claims/01a1cb89-ec57-7a6a-b748-905dc2a10de5) [**Each of the reasons is weighty on its own, and together they mean that one must not rush to lower the rate, otherwise interest rates in the economy and prices will rise.**statement](https://dgw.tmarket.io/claims/01a1cb89-ec35-70fc-bf8a-385c884374b9) [**The budget's contribution to demand this year and the next two years turned out higher than the Central Bank expected.**statement](https://dgw.tmarket.io/claims/01a1cb89-ec13-7ac1-9fd6-2029f363647b) [**Inflation expectations declined in the first half of the year and then rose due to objective reasons.**statement](https://dgw.tmarket.io/claims/01a1cb89-ec02-74d2-9862-cea354aa0129)

[All claims by Эльвира Набиуллина](https://dgw.tmarket.io/claims?claimant_id=01a1bff7-ec46-7025-a495-bca65c7131cb)

[All claims](https://dgw.tmarket.io/claims)

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```

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