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
Third cut since June lowers borrowing costs to 17% but reduction was less than expected by economists

Second reduction in two months lowers borrowing costs to 18%

Move lowers borrowing costs to 20% and follows reduction in inflation

Central bank governor insists ‘no need’ for recapitalisation of large lenders despite Moscow’s cooling war economy

Maxim Reshetnikov says persistent inflation and central bank’s hawkish policy contribute to slowdown

Three top US central bankers object to move in biggest revolt since 2019

The proposed reparation loan is a step forward but remains full of contradictions