key rate(The specific interest rate that determines bank lending rates and the cost of credit for borrowers. The two key interest rates in the United States are the discount rate and the Federal Funds rate. INVESTOPEDIA EXPLAINS "Key Rate" The key rates are one of the chief tools used by the Federal Reserve system to implement monetary policy. When the Fed wants to expand the money supply, it will typically lower one or both key rates in order to decrease the cost of borrowing. When the Fed is in a contractionary phase, it will raise the rates to increase the cost of borrowing. Read more: investopedia.comAlexander Demidov)
benchmark interest rate(Last week, the Russian Central Bank held its benchmark interest rate at 4.25% but left the door open to further interest rate cuts in upcoming monetary policy meetings – from tradingeconomics.com
Tamerlane)