The Bank of Russia publishes the Summary of the Key Rate Discussion following the meeting on June 6

On June 20, 2025, the Central Bank of Russia issued an update regarding The Bank of Russia publishes the Summary of the Key Rate Discussion following the meeting on June 6. The discussion revolved around sustaining and accelerating inflation pressure reduction to meet the target of 4% by 2026. A majority agreed that a decrease in inflation could continue at necessary speeds, driven by economic growth, currency stability, and stringent monetary policies, leading to a 100 basis point key rate cut to 20%.