Kirill Tremasov will leave the post of director of the monetary policy department of the Central Bank of the Russian Federation on October 2. This was reported on the official website of the Central Bank.
He has held this position since 2020. Tremasov will be replaced by his first deputy Andrey Gangan, who has worked at the Bank of Russia since 2011. The Monetary Policy Department analyzes the effectiveness of decisions made by the regulator, prepares press releases on the key rate and a summary of its discussion at the board of directors.
From October of this year, Tremasov will become an advisor to the Chairman of the Central Bank.
At its meeting on September 13, the Central Bank raised the key rate for the second time this year — by 100 basis points, to 19% per annum. In general, the regulator’s decision coincided with the financial market forecast. Economists and financiers surveyed by Gazeta.Ru expect further growth in deposit and loan rates. In their opinion, the maximum deposit rates in 2024-25 will be 22-23% per annum, for consumer loans — 40-45% per annum, and for mortgages — 22-25% per annum. Experts are confident that raising the key rate will also help strengthen the ruble in the medium term by 5-7% against world currencies. Read more in our article .
The problems of the Russian economy were previously named .