Russian businessmen criticized the Russian central bank's decision to keep the interest rate at 14%. The rate maintenance came after several consecutive reductions, which disappointed the business sector that expected a new cut.
The decision to keep interest rates at 14% was made after observing growing pressure on prices in recent months. This inflationary pressure led the central bank to opt for prudence instead of continuing the reduction trajectory.
The factor identified as the main responsible for the increase in price pressure was the rise in fuel prices. This increase in energy costs contributed to intensifying concerns about inflation in the Russian economy.
