The business world is concerned about the Central Bank of Russia's pause in interest rate cuts.

Results and Future Expectations

The halt in interest rate cuts by the Central Bank may lead to challenging conditions, particularly for companies reliant on credit. The business community is calling for a quick understanding of the inflationary effects of tax increases and for the Central Bank to return to its cycle of interest rate intervention as soon as possible. Although it is anticipated that the VAT increase could reduce demand and lower inflation in the long run, it appears difficult for this situation to provide relief to the business world in the short term.