Authors: E.Yu. Utkin, O.Yu. Kuzmina, D.N. Medvedev

Title of the article: The impact of the key rate on household investment behavior

Year: 2025, Issue: 4, Pages: 43-50

Branch of knowledge: 5.2.1 Economics

Index UDK: 336.76

DOI: 10.26730/2587-5574-2025-4-43-50

Abstract: This scientific article examines the impact of the key interest rate on the investment behavior of households in Russia. Household investment behavior plays an important role in ensuring stable economic development of the country. With a well-conducted monetary policy, the fundamental instrument of which is the key interest rate, long-term investments by citizens can become an important source of business development and growth in national production. Using real-world examples, investors' actions were demonstrated under the influence of a changing key interest rate. The importance of citizens' trust in the policy pursued by the central bank is substantiated. In the absence of a properly structured dialogue between the financial institutions of the state and the population, the effect of economic instruments may be reduced. The basic options for protecting citizens' capital in the investment market during the period of volatility and changing interest rates are considered. The study is important for both households and government agencies. Households will be able to understand how key rate changes can affect their investment decisions. State monetary institutions will be able to use the results of the research in developing monetary policy measures that contribute to financial stability and economic growth of the state.

Key words: key rate central bank households investment decisions confidence level monetary policy expectations

Receiving date: 20.11.2025

Approval date: 04.12.2025

Publication date: 23.12.2025

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