Russia lowers interest rates to 20% in first cut since 2022 as inflation pressures ease
Inflation in Russia hit 8.3% in the first quarter of the year, with the effects of the war in Ukraine continuing to be felt in the economy.
https://www.cnbc.com/2025/06/06/russia-cuts-sky-high-interest-rates-for-the-first-time-since-2022.html