Russia’s central bank cuts interest rate to 17% to boost slowing economy; deficit widens, inflation rising
Russia’s central bank lowered its key interest rate to 17% to stimulate the slowing economy, even as elevated inflation persists at 8.2%. This decision reflects the challenge of balancing economic support during wartime with the need to control rising prices. Increased government spending on the conflict in Ukraine has widened the budget deficit, adding further complexity.🕒 1 min read
Russia’s central bank lowered its key interest rate to 17% to stimulate the slowing economy, even as elevated inflation persists at 8.2%. This decision reflects the challenge of balancing economic support during wartime with the need to control rising prices. Increased government spending on the conflict in Ukraine has widened the budget deficit, adding further complexity.
Continue Reading
-
‘India A was the stepping stone’: Gurnoor Brar credits domestic pathway for seamless transition
- SA vs Zim: Wiaan Mulder In Prime Position To Slam Highest Individual Score In Test Cricket History
- On CCTV: Haryana Gym Owner Shot Dead, Attackers Fired 10 Rounds
-
Trump’s Truth Social in talks to spin off into publicly traded company
- Video: Packed Lift, Punches, Slaps Fly. Drunk Men Clash In Greater Noida
-
Ex-India Star Reveals Major Worry On Rohit Sharma After Captaincy Snub: “More Difficult To Drop A Captain”
- Top stocks to buy today: Stock recommendations for December 18, 2025 – check list
-
Muslim Bodies Object To J&K Directive On ‘Vande Mataram’ Celebrations
- Big boost for drinking water: Cabinet extends Jal Jeevan Mission to 2028 with Rs 8.69 lakh crore outlay
- Floyd Mayweather To Fight Manny Pacquiao In Las Vegas In September
