Bank of Russia key rate meeting, 18 December 2026 — TradeAlmanac

Bank of Russia key rateBank of Russia key rate meeting, 18 December 2026

The decision will be announced on 18 December 2026 at 13:30 Moscow time.

Key rate

14.00 %

in effect since 27 July 2026

Decision

in 69 days

18/12/2026

Expected rate

13.87 %

Estimate as of 08/10/2026

Most likely outcome

52 %

cut · rate 13.75 %

What the market is pricing in

Estimate as of 08/10/2026

Outcome	Rate	Change, bp	ProbabilityProbability
hold	14.00 %	0	48 %
cut	13.75 %	−25	52 %

Sources: Bank of Russia, Moscow Exchange. Public releases.