Russia Implements First Interest Rate Cut Since 2022 Amid Easing Inflation

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Source: CNBC
Russia Implements First Interest Rate Cut Since 2022 Amid Easing Inflation
Photo: CNBC
TL;DR

Russia's central bank has reduced its interest rate to 20% for the first time since September 2022, signaling easing inflation pressures, though monetary policy remains tight to control inflation and support economic stability amid ongoing geopolitical tensions.

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