• 09/20/2024

Russia Hikes Key Rate, Might Do So Again as War Fuels Price Rises

Wall Street Journal

Russia’s central bank raised its key interest rate for the second straight meeting of its policymakers in an effort to tame a pickup in inflation driven by the diversion of manpower and other resources to sustain the country’s conflict with Ukraine.

https://www.wsj.com/articles/russia-hikes-key-rate-might-do-so-again-as-war-fuels-price-rises-09c5b529