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Russia Again Cuts Interest Rates as Its Economy Slows
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.
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tass.com
Bank of Russia cuts key rate from 20% to 18% per annum
Current inflationary pressures, including underlying ones, are declining faster than previously forecast, the Central Bank noted
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nytimes.com
Russia Again Cuts Interest Rates as Its Economy Slows
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.