Russia's Central Bank has raised its key interest rate from 19% to a historic 21%, aiming to combat inflation. This move, exceeding expectations, signals an aggressive fight against rising prices amid Western sanctions and military expenditures for the war in Ukraine. The bank is taking bold steps to stabilize the economy, following surging inflation since February 2022.
Source: https://www.themoscowtimes.com/2024/10/25/russias-central-bank-raises-key-rate-to-historic-21-signals-aggressive-fight-to-curb-inflation-a86806
isphere_world / World - InfoSphere
npub1ke…55w8h
2024-10-25 11:10:32
Author Public Key
npub1keufpevqgvp9smazna7yhx8puulyyzxh40lxggzkjzxvytuttdfqs55w8hPublished at
2024-10-25 11:10:32Event JSON
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"content": "Russia's Central Bank has raised its key interest rate from 19% to a historic 21%, aiming to combat inflation. This move, exceeding expectations, signals an aggressive fight against rising prices amid Western sanctions and military expenditures for the war in Ukraine. The bank is taking bold steps to stabilize the economy, following surging inflation since February 2022.\n\nSource: https://www.themoscowtimes.com/2024/10/25/russias-central-bank-raises-key-rate-to-historic-21-signals-aggressive-fight-to-curb-inflation-a86806",
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