The Bank of Russia (CBR) is expected to announce its key policy rate decision at the April 2026 meeting. The market is currently pricing in a 98% probability of a rate decrease, indicating strong consensus among traders that the central bank will cut rates at this meeting. The odds trajectory has climbed steeply over recent weeks, reflecting growing expectations of monetary easing across financial markets. Russia's inflation environment, economic growth forecasts, and global macroeconomic conditions all factor into the CBR's decision-making process. The market uses the official CBR announcement and the magnitude of the rate decision as the resolution criteria. Because this is a near-term, binary event with a clear resolution date (April 24, 2026), it remains highly resolvable and tradeable. The 98% odds imply traders believe the probability of a rate cut is very high, with only a small tail risk of no change or a rate hike. The market sentiment has shown consistent bullish positioning toward the rate cut outcome. This prediction market allows traders to position on their own expectations for the CBR's monetary policy stance and capture alpha from odds movements until the official announcement.