KYIV, Jan 24 – The key policy rate will be increased from 14.5% per annum in the first quarter of 2025 to 15.4% in the second, after which it will decrease to 14.5% and 13.1% per annum on average for the third and fourth quarters of this year, according to the updated forecast of the National Bank of Ukraine.

Earlier, in October last year, the central bank predicted that the key rate would be maintained at 13% per annum during the first half of 2025, with a step-by-step reduction of 0.4 percentage points in the third quarter to 12.6% per annum, and in the fourth quarter to 12.2% per annum.