Russia’s central bank gingerly cuts rates, caught between business complaints and inflation
First publishedJul 24, 14:00 UTC
Last updatedJul 24, 16:39 UTC · 13m ago
1 outlet
Seattle Times
1 outlets over time — hover a bar for its window & outletslast updated
Answer
Russia’s central bank made a smaller than usual interest rate cut on Friday, a compromise move to support stagnating economic growth even as inflation fueled by war spending remains higher than the bank’s target.
Reported by 1 outlet — Seattle Times. See all sources ↓
Read the full report at Seattle Times ↗
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In brief
- What's the story?
- Russia’s central bank made a smaller than usual interest rate cut on Friday, a compromise move to support stagnating economic growth even as inflation fueled by war spending remains higher than the bank’s target.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 13m ago.
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Russia’s central bank gingerly cuts rates, caught between business complaints and inflation
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Sources (1)
Avg source rating 6.0/10Processing cluster
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