... which would provide additional stimulation for the economy. Markets reacted positively overall to the Central Bank's bold decision, though without unanimity. The debt market experienced an influx of buyers: yields on government bonds (OFZ) significantly decreased, raising bond prices, as cheaper funding improves prospects for borrowers. In the stock market, the reaction was mixed. Sectors sensitive to rates – primarily energy, real estate, and consumer companies – received a growth impulse due to expectations of cheaper ...

... led to a slight decline in yields on 10-year USTs – investors reduced the odds of another Fed rate hike. European bonds (German and Italian bonds) traded in a narrow range, awaiting the ECB meeting later in the week. British Gilts initially rose in price (yield decreased) following Bailey's speech but then stabilized. The debt market signals that, without surprises from central banks, we should expect little movement today, although bond market analysis indicates the continuation of yield curve inversion – ...

... these regions is putting downward pressure on prices, despite OPEC+'s efforts to regulate the market. He also points to potential plans by Saudi Arabia to boost oil production, which could further reinforce the downward price trend. Experts predict a decrease in oil prices next year. According to analysts, crude oil will become cheaper amid rising production in the United States and OPEC+ countries. Sergey Tereshkin, Founder and CEO of OPEN OIL MARKET: "In 2025, the average price of Brent crude will drop ...

... modest surplus of the current account is expected in 2025 – around $33 billion (down from $38 billion previously), and for the trade balance – $104 billion (down from $111 billion previously). The deterioration is attributed to the revision of oil prices (the baseline forecast for Urals decreased to $55 from $60 per barrel) and potential import growth. Thus, by 2027–2028, the Central Bank expects to normalize monetary conditions: inflation around 4% and a rate of approximately 7–8%. The decrease in rate projections for 2025–2026 ...

... payments. It is likely that the new mechanism will again focus on this goal (though officially, the aim is said to be the additional stabilization of the high-octane gasoline market). As a result, refineries will receive less money, and profitability will decrease, which will lead to further price increases both in wholesale and retail. Tereshkin believes that the mere separation of payments for different grades of gasoline will not have an impact. He argues that changes in the calculation of dampener subsidies will not significantly ...