In the near future, the key rate of the Central Bank (Central Bank) can increase, the corresponding decision will be made at a meeting of the Board of Directors on June 11, such a forecast gave the head of the State Duma Committee on the Financial Market, Chairman of the Council of the Association of Banks of Russia Anatoly Aksakov, transferring “Izvestia”.
He noted that inflation remains substantially above the reference point, 5.5 percent in 2021 during Target 4 percent, and inflationary expectations that stimulate price increase will reach 12 percent. Therefore, the Central Bank should react to the current situation.
Aksakov added that the expected increase in key bet will be 0.25 percentage points up to 5.25 percent. “A fully predicted decision on the part of the Central Bank. On the one hand, it is not too much raising, on the other, the regulator signals not only bankers, but also to citizens who take credit that interest will grow,” the head of the Duma Committee stressed. He recommended borrowers to assess risks in accordance with credit and monetary policy.
Earlier, the Federal Antimonopoly Service (FAS) made an initiative to lawfully consolidate the deadlines for issuing documents by banks necessary for the complete and early repayment of mortgage obligations. Specific deadlines for issuing documents that are planned to be indicated in the law are not yet defined. The optimal term for issuing mortgage documents – no more than ten working days.