Aleksandar Djokic (Александар Джокич)(@polidemitolog):Putin has stepped up pressure on Central Bank Governor Elvira Nabiullina to lower Russia's key interest rate, signaling his expectations twice in July ahead of the central bank's policy meeting, Bloomberg reports. The Bank of Russia cut the key rate by 25 basis points to 14% on July 24, insisting the decision was independent. Analysts say political pressure on the central bank is increasing, although its formal independence has not been abandoned.

Aleksandar Djokic (Александар Джокич)

@polidemitolog

Political analyst. Former assistant professor at RUDN Moscow. PhD in political science. Bylines in Euronews, Bloomberg, Novaya Gazeta and Radar. Views my own.

Joined December 2021

1.7K Following 27.1K Followers

Aleksandar Djokic (Александар Джокич)@polidemitolog

2026.08.07 17:10

Putin has stepped up pressure on Central Bank Governor Elvira Nabiullina to lower Russia's key interest rate, signaling his expectations twice in July ahead of the central bank's policy meeting, Bloomberg reports. The Bank of Russia cut the key rate by 25 basis points to 14% on July 24, insisting the decision was independent. Analysts say political pressure on the central bank is increasing, although its formal independence has not been abandoned.