Why the Central Bank kept the rate unchanged
Posted: Sun Dec 22, 2024 6:38 am
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The convenience of working with leasing companies also remains an important factor:
Seasonal payment schedule
You can set up an individual schedule taking into account fluctuations in revenue: payments will be higher in the high season and lower in the low season.
Wide geography
The required models of cars and equipment can be found in your city and received on the same day, or the leasing company will deliver them to your region on its own.
Transportation
If the leasing company does not find the required model in the region of use, it can deliver it from another city.
Quick execution of the contract
The application can be submitted online, and it will be reviewed within one hour to three days. The contract can be signed in the EDI system, and the closing documents will be sent to your personal account.The poland number for whatsapp Central Bank left the key rate at 21% per annum. What is the reason and what should depositors expect
On December 20, 2024, the regulator held another meeting on the key rate issue.
The Board of Directors of the Bank of Russia left the key rate at 21% per annum, the Central Bank's press service reported .
The Central Bank left the rate unchanged because monetary conditions tightened more significantly than the October key rate decision had envisaged. This was facilitated by factors independent of monetary policy: tightening of macroprudential policy, planned normalization of banking regulation, and increased requirements for banks to borrowers.
The growth of rates for borrowers and the cooling of credit activity create preconditions for inflation to return to the target, despite the increased current growth of prices and high domestic demand, the Central Bank believes. They predict that annual inflation will decrease to the target value of 4% in 2026.
According to estimates as of December 16, annual inflation increased to 9.5%. "For some time, the current price growth will remain elevated due to inertia due to the accumulated effects of budget stimuli, high credit activity of previous months and the transfer of the weakening of the ruble to prices. However, according to the Bank of Russia, in the coming months, inflationary pressure will begin to decrease under the influence of tight monetary conditions and a slowdown in lending," the regulator said in a statement.
The Bank of Russia will assess the advisability of raising the key rate at the next meeting, taking into account the further dynamics of lending and inflation.
On December 28, the Central Bank will publish a summary of the key rate discussion. The next meeting is scheduled for February 14, 2025.
The convenience of working with leasing companies also remains an important factor:
Seasonal payment schedule
You can set up an individual schedule taking into account fluctuations in revenue: payments will be higher in the high season and lower in the low season.
Wide geography
The required models of cars and equipment can be found in your city and received on the same day, or the leasing company will deliver them to your region on its own.
Transportation
If the leasing company does not find the required model in the region of use, it can deliver it from another city.
Quick execution of the contract
The application can be submitted online, and it will be reviewed within one hour to three days. The contract can be signed in the EDI system, and the closing documents will be sent to your personal account.The poland number for whatsapp Central Bank left the key rate at 21% per annum. What is the reason and what should depositors expect
On December 20, 2024, the regulator held another meeting on the key rate issue.
The Board of Directors of the Bank of Russia left the key rate at 21% per annum, the Central Bank's press service reported .
The Central Bank left the rate unchanged because monetary conditions tightened more significantly than the October key rate decision had envisaged. This was facilitated by factors independent of monetary policy: tightening of macroprudential policy, planned normalization of banking regulation, and increased requirements for banks to borrowers.
The growth of rates for borrowers and the cooling of credit activity create preconditions for inflation to return to the target, despite the increased current growth of prices and high domestic demand, the Central Bank believes. They predict that annual inflation will decrease to the target value of 4% in 2026.
According to estimates as of December 16, annual inflation increased to 9.5%. "For some time, the current price growth will remain elevated due to inertia due to the accumulated effects of budget stimuli, high credit activity of previous months and the transfer of the weakening of the ruble to prices. However, according to the Bank of Russia, in the coming months, inflationary pressure will begin to decrease under the influence of tight monetary conditions and a slowdown in lending," the regulator said in a statement.
The Bank of Russia will assess the advisability of raising the key rate at the next meeting, taking into account the further dynamics of lending and inflation.
On December 28, the Central Bank will publish a summary of the key rate discussion. The next meeting is scheduled for February 14, 2025.