... reduction of profits for several banks. Amidst tightening regulation and oversight by the Central Bank, its main goal is to protect clients and stabilize the market. Yet, under prolonged high-rate conditions, this practice could catalyze a structural change in the banking sector, leading to consolidation and increased influence of the largest players. 2. Increase in Deposit Interest Rates In the current economic climate, VTB, Sovcombank, Gazprombank, and other banks in Russia have sharply raised their deposit rates. For instance, VTB has offered clients returns of up to 24% per annum on deposits, a response to the Central Bank's ...

How does the key rate affect inflation? In simple terms, we explain how the Central Bank regulates economic activity, curbs price growth, and maintains stability in the economy through changes in the key rate. Find out how raising or lowering the rate affects consumer spending, investment, and the overall economic ... ... and inflation When the Central Bank raises the key rate, loans for banks become more expensive, and they, in turn, increase interest rates for businesses and households. This leads to several consequences: Decreased consumer demand: Higher rates make ...

... depreciation is possible closer to spring. What Investors Should Pay Attention To Investors should consider that the strengthening of the ruble creates additional opportunities for working with ruble-denominated assets, especially in the context of high interest rates. However, it is important to be prepared for potential changes in spring when seasonal demand for currency may increase. Attention should also be given to the dynamics of commodity markets and the actions of the Central Bank, which may influence long-term exchange rate prospects. The ruble began 2025 with ...

... sectors (such as energy and consumer sectors) received a boost, while bank stocks declined due to expectations of shrinking interest margins. Consequently, by the end of Friday, the MOEX index showed little change, remaining around 2820 points; however, the internal background in the stock market improved due to the prospect of softer financial conditions. As for the currency, as mentioned earlier, the ruble weakened slightly after the rate announcement: the lower rates make ruble assets less attractive to investors, which traditionally puts pressure on the exchange ...

... Previous: -1.43 million barrels. EIA Distillate Stock Change for the week. Previous: +3.24 million barrels. EIA Gasoline Stock Change for the week. Previous: +5.09 million barrels. 19:00 United States: Producer Price Index (PPI) for November: YoY: Previous — 2.70%. MoM: Previous — -0.60%. 22:00 United States: Federal Reserve Interest Rate Decision: Previous — 4.75%, Forecast — 4.50%. Investor Recommendation: Significant economic data releases include inflation ...