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- Russia cuts interest rates from two-decade high as economy slows
Moscow (AFP) – Russia's central bank on Friday cut its key interest rate to 20 percent -- down from a two-decade high of 21 percent -- as the economy slows and officials say months of rapid
- Russia’s Central Bank Cuts Key Rate From Historic High as Economy Slows . . .
Russia’s Central Bank on Friday cut its key interest rate to 20% from a two-decade high of 21%, citing easing inflationary pressures and signs of an economic slowdown
- Russia cuts sky-high interest rates for the first time since 2022 - CNBC
The Bank of Russia reduced its sky-high interest rates on Friday, as inflation eases and economic growth slows Some economists forecast the cut to 20% from 21%, but overall it was a dovish
- Bank of Russia cuts the key rate by 100 bp to 20. 00% p. a.
On 6 June 2025, the Bank of Russia Board of Directors decided to cut the key rate by 100 basis points to 20 00% per annum Current inflationary pressures, including underlying ones, continue to decline While domestic demand growth is still outstripping the capabilities to expand the supply of goods and services, the Russian economy is gradually returning to a balanced growth path The Bank of
- Russia Cuts Key Rate to 20%, Signals Economic Stabilization
Russia’s central bank has taken a significant step by cutting its key interest rate to 20%, marking the first reduction since September 2022 This move comes amidst a backdrop of economic volatility, driven by the country’s military offensive in Ukraine and subsequent Western sanctions The decision signals a shift in the bank’s monetary policy, aiming to balance economic growth with
- Russia’s Central Bank Cuts Key Rate Again as Economy Slows
Russia’s central bank lowered its key interest rate for a second straight meeting amid mounting signs of a sharp slowdown in economic activity following two years of rapid expansion driven by
- From Boom to Slowdown: Russia’s Economic Outlook in 2025
Inflation and Interest Rates Strain the Economy High inflation and record interest rates are beginning to take a toll on Russia’s economy Inflation currently exceeds twice the central bank’s target, eating away at the benefits of the earlier economic surge To combat this, the Bank of Russia maintained its key interest rate at 21% in December
- The Russian Economy and Sanctions Brief — January 2025
In January 2025, the Russian economy faces mounting challenges The Central Bank unexpectedly kept the key interest rate at 21%, despite accelerating inflation Weekly inflation rates reached 0 5%, while monthly inflation hit a 22-year record Meanwhile, the economic downturn continues, increasing pressure on the federal budget and forcing the government to spend the National Wealth Fund
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