• 11/26/2024

Russia’s Central Bank Raises Its Key Rate as War Overheats Economy

Wall Street Journal

The Bank of Russia signaled it is likely to raise borrowing costs again to tame a pickup in inflation driven by the diversion of manpower and other resources to sustain the country’s attack on Ukraine.

https://www.wsj.com/articles/russias-central-bank-raises-its-key-rate-as-war-overheats-economy-74350b5f