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title: "Given the budget advances at the start of the year, there is every chance of fitting into the Bank… — truecon — DecisionGateway"
description: "prediction by truecon, recorded recently — verbatim quote and source citation."
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prediction

# **Given the budget advances at the start of the year, there is every chance of fitting into the Bank of Russia's forecast, though closer to its upper bound of 11-12% for December.**

A prediction by [**truecon**](https://dgw.tmarket.io/actors/01a1d549-f39e-730f-9f95-78ab0f818ce5). Statements are as reported by the cited publishers — not verified by DecisionGateway.

> *Учитывая бюджетные авансы начала года, есть все шансы вписаться в прогноз Банка России, хотя и ближе к его верхней границе 11-12% на декабрь.*

trueconPublished 2026-11-07 [ Read source](https://t.me/truecon/5987)

[**truecon dossier **](https://dgw.tmarket.io/actors/01a1d549-f39e-730f-9f95-78ab0f818ce5)

## **Related claims**

[**By the end of the year, the Central Bank's forecast for the growth of cash in circulation will most likely come true: plus 3.7 trillion rubles, to 23.1 trillion rubles.**thebell\_io · prediction](https://dgw.tmarket.io/claims/01a1cb88-a5b9-7591-8260-2bfd4e04707f) [**The Bank of Russia raised the projected path of the key rate for 2027–2028; the average key rate in 2027 is expected in the range of 12.5–13.5% per annum.**Банк России · prediction](https://dgw.tmarket.io/claims/01a1d10a-ec06-7298-8397-39073cdcef79) [**In November the dynamics promise to be similar, with strong fluctuations in cash in December amid salary payments and budget expenditures.**truecon · prediction](https://dgw.tmarket.io/claims/01a1d107-ce45-754d-91a3-63a6f370ea33) [**The budget apparently closed October better than expectations again, judging by liquidity flows: despite insignificant borrowing (₽0.13 trillion), deposits in banks grew by ₽0.66 trillion, and another ₽0.2 trillion went to budget accounts at the Central Bank.**truecon · statement](https://dgw.tmarket.io/claims/01a1d107-ce8e-7526-a176-8ef0bfa23ca0) [**The budget's contribution to demand this year and the next two years turned out higher than the Central Bank expected.**Эльвира Набиуллина · statement](https://dgw.tmarket.io/claims/01a1cb89-ec13-7ac1-9fd6-2029f363647b) [**Inflation expectations declined slightly but remain high: 4.3% for one year and 3.4% for five years; overall, everything points to the Fed having to raise rates in December.**truecon · prediction](https://dgw.tmarket.io/claims/01a1d110-f58c-7104-b2d0-4d8a582a59ed)

## **More claims by truecon**

[**Inflation expectations declined slightly but remain high: 4.3% for one year and 3.4% for five years; overall, everything points to the Fed having to raise rates in December.**prediction](https://dgw.tmarket.io/claims/01a1d110-f58c-7104-b2d0-4d8a582a59ed) [**The financial conditions index is at extremely comfortable levels, the financial stress index likewise, and the key rate can hardly be characterized as tight.**statement](https://dgw.tmarket.io/claims/01a1d110-f545-78cf-934b-b7b220b1f44d) [**Hourly wage growth accelerated slightly to 0.4% m/m and 3.1% y/y; weekly jobless claims were only 189 thousand, and the number of Americans on benefits was about 1.7 million — lows since 2023.**statement](https://dgw.tmarket.io/claims/01a1d110-f503-7b3f-89a7-d682f7c833f7) [**The number of open vacancies rose to 7.5 million, and the ratio of vacancies to unemployed rose to 1.06.**statement](https://dgw.tmarket.io/claims/01a1d110-f4cf-7cda-adff-6b49cd680964) [**The unemployment rate fell to 4.1%, the labor force participation rate rose to 61.9%, and the employment-to-population ratio rose to 59.3% — all indicators improved by 0.1 percentage points over the month.**statement](https://dgw.tmarket.io/claims/01a1d110-f4ab-7818-a96e-3418bbeeef2f)

[All claims by truecon](https://dgw.tmarket.io/claims?claimant_id=01a1d549-f39e-730f-9f95-78ab0f818ce5)

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