Russia’s central bank stops raising interest rates as political opposition mounts
The Central Bank of Russia decided that discretion was the better part of valor Friday, suspending its campaign of interest rate hikes against a backdrop of increasingly sharp criticism from businesses and politicians.
Russia's economy has operated like a marathoner on fiscal steroids—and now those steroids are wearing off." ...
Showing continued resolve to outspend Putin would help bring him to the negotiating table and offer crucial leverage.” ...
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 inflation has reached 9.14% so far this year, well above the central bank's annual estimate of 8.5%, after the new ...
Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...
As Russians prepare to celebrate the New Year or the week of public holidays that follows, they might notice that the cost of ...
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