Predictions and promises monitor

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Igor Lipsitz

Economist (Russia)

Predictions
46
Verified
14
Came true
71%
Complex
71%
Confident
14%
6.39

Igor Lipsitz

So far, the Central Bank has not announced a further rate cut. I think they will extend this rate at the next meeting. This is my forecast. In Russia.
Did not come true September 12, 2025
#Economy of Russia #Economy #Russia
ru → en

Igor Lipsitz

I don't believe this will cause any long-term or persistently high change in oil prices — they’ll spike for a while and then start to dip again. Due to the ongoing war between Israel and Iran, oil prices have temporarily risen and will drop again later.
Completely came true August 29, 2025
#Oil #Economy #Iran #Israel
ru → en

Igor Lipsitz

What will happen next is hard to say. Most likely, there will be no increase in salaries. Prices will continue to rise. Prices will continue to rise because the Central Bank cannot do anything about inflation.
Completely came true August 29, 2025
#Economy of Russia #Russia #Economy
ru → en

Igor Lipsitz

I expect a decrease to 18%. Answer to the question: "What do you expect from July 25th, what will the Central Bank do?" (with the key rate in Russia)
Completely came true July 25, 2025
#Economy of Russia #Russia #Economy
ru → en

Igor Lipsitz

You're looking at such a long horizon for the interest rate, it's very difficult. The world is so turbulent that even a month is a long time. I think, most likely, they will keep the rate unchanged and say they will continue to monitor the trend of slowing inflation, but the Central Bank is ready to raise the rate if inflationary pressure in the Russian economy intensifies again. This is roughly the scenario I expect. In response to the question: "I understand it's still quite early to make predictions about the next Central Bank meeting, but if the decision is made based on behind-the-scenes situations, intrigues, internal power struggles, what forecast would you make for the next meeting on July 25? What will they do with the rate? Will they keep lowering it?"
Did not come true July 25, 2025
#Economy of Russia #Economy #Russia
ru → en

Igor Lipsitz

What will happen to the Central Bank's key rate? I believe the Central Bank will lower it to 20.5-20.0%. Nabiullina needs to show that she is flexible. But the statement will say that the Central Bank does not rule out raising the rate again if the disinflation trend proves unstable.
Completely came true June 6, 2025
#Economy of Russia #Economy #Russia
ru → en

Igor Lipsitz

A lot of factors came together. On the one hand, people wanted to get rid of foreign currency; on the other, there was lower demand for it from importers; and on yet another, there was a desire to bet on the decline of the dollar. And this is the result we got. But I think we’ll see a reversal in April — most likely that’s what will happen. We’ll see. In April, the ruble is expected to weaken against the dollar.
Did not come true April 30, 2025
#Ruble #Dollar #Economy of Russia #Economy #Russia
ru → en

Igor Lipsitz

First of all, we’re supposed to have a meeting already in April. But in April, to be honest, I don’t expect the rate to be lowered. The Central Bank of Russia will not lower the key interest rate in April.
Completely came true April 25, 2025
#Economy of Russia #Economy #Russia
ru → en

Igor Lipsitz

Most likely, in March, we will see a reversal of the trend toward the ruble’s depreciation. Otherwise, there will be a huge problem with filling the Russian Federation’s budget.
Did not come true March 30, 2025
#Ruble #Economy of Russia #Russia #Economy
ru → en

Igor Lipsitz

For some reason, I feel that at the next meeting, they will raise the rate by half a percentage point, bringing it to 21.5. They won’t dare to increase it too much because it would be both pointless and too provocative. So, in the near future, they will likely keep it at around 21 or 21.5.
Partially came true March 21, 2025
#Economy of Russia #Russia #Economy
ru → en

Igor Lipsitz

I think they will simply ask one of the bankers to sell, and the exchange rate will stabilize and go down. I don’t think it will stay at this 114 level just yet—it’s too early for that. I believe they’ll bring it down to around 107-105 and keep it there for some time. Rubles per dollar.
Completely came true January 15, 2025
#Ruble #Dollar #Economy of Russia #Russia
ru → en

Igor Lipsitz

Events in the Middle East can certainly impact the market, and in the short term, they will likely have an effect, but probably not for very long and not in a very severe way. Israel's war against Hamas may affect oil prices, but only for a short period and not significantly.
Completely came true October 17, 2024
#Oil #Economy #Israel-Hamas war
ru → en