Contributing factors to inflation include increased military production, labor shortages, and a weakening ruble.

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...

Russia is poised for another aggressive rate hike on Friday as the central bank continues to find little success in tackling ...

The Bank of Russia held its key interest rate at a record-high 21%, surprising most analysts who’d expected policymakers to ...

The Russian economy is showing signs of overheating which is stoking worryingly high inflation, President Vladimir Putin said ...

Russia’s central bank is expected to carry out a mammoth rate hike later this week as inflation continues to soar in the ...

Russia's economy has operated like a marathoner on fiscal steroids—and now those steroids are wearing off." ...

Russian President Vladimir Putin on Thursday said that inflation is a problem in Russia and that the country’s economy is ...

Russia's central bank kept interest rates at 21 percent on Friday despite surging inflation, a surprise decision that follows ...

The Central Bank of Russia decided that discretion was the better part of valor Friday, suspending its campaign of interest ...

"The sanctions are having an effect, but they are not of key importance," Russian President Vladimir Putin said when talking ...