Russia on brink of recession, says economy minister
Maxim Reshetnikov says persistent inflation and central bank’s hawkish policy contribute to slowdown
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Putin faces tough choices at home as strain on Russia’s war economy mounts
Dwindling oil revenues and a widening deficit may force Moscow to cut some non-military spending in this month’s budget
Russia’s central bank speeds up rate cuts as war economy cools
Second reduction in two months lowers borrowing costs to 18%
Russia moves to contain concern over banks’ bad loan exposure
Central bank governor insists ‘no need’ for recapitalisation of large lenders despite Moscow’s cooling war economy
Russia’s central bank cuts interest rates for first time since 2022
Move lowers borrowing costs to 20% and follows reduction in inflation
Russia’s central bank cuts rates further as economic pressure mounts
Third cut since June lowers borrowing costs to 17% but reduction was less than expected by economists
Russia cuts growth forecast as Putin’s war economy runs out of momentum
Moscow now expects growth of 0.4% this year compared with previous forecast of 1.3%