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The central bank announced a long period of the key rate at high levels and the return of inflation to four percent by the end of 2024 , the head of the bank of russia, elvira nabiullina, spoke about this at a press conference. Earlier, the board of directors of the central bank decided to increase the key rate from 12 00 to 13 . According to elvira nabiullina, at the meeting they discussed three options to maintain the rate and increase it by a percentage or even higher. What to expect next . Signal from the central bank the regulator will assess the feasibility of further increasing the key rate at the next meetings. Some participants expect a repeat of the situation in 2014 and 2022, when we quickly moved to easing monetary policy, but the current cycle is different from previous ones. We raised the key rate. And the implementation of inflation risks. And we will hold it on high levels for quite a long time. Until we are convinced that the slowdown in inflation is sustainable , the

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