The Bank of Russia has released its Monetary Policy Guidelines for 2026–2028, outlining the central bank’s goals and principles for implementing monetary policy in the current economic environment. The document provides baseline and alternative scenarios for Russia’s economic development over the next three years.
The guidelines were previously reviewed by the Government of the Russian Federation and discussed at working meetings of the State Duma. According to the Bank of Russia, “the final document takes into account the key rate decision made by the Bank of Russia on 24 October 2025, the updated parameters of the forecast scenarios, as well as statistics and other data released as of 18 October 2025.”
