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The government commented on the reduction of the key rate by 10 percentage points at once.

The head of the Ministry of Industry and Trade Denis Manturov. Photo: Alexey Nikolsky / RIA Novosti

Deputy Prime Minister of the Russian government Denis Manturov, on the eve of the Eastern Economic Forum (WEF), commented on the possibility of a sharp reduction in the key rate by the Central Bank of Russia. TASS informs about this today, August 28.

EADaily reminds that the WEF will be held on September 3-6 in Vladivostok.

According to Manturov, a reduction in the key rate by 10 percentage points at once is very unlikely. The regulator is more likely to make a gradual reduction.

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