Russia's central bank has cut its 2026 GDP forecast to 0.0-1.0% and expects faster inflation as the fuel crisis drives up prices for many goods and services, its head Elvira Nabiullina said.

Russia's Central Bank lowered its key interest rate from 14.25% to 14% on Friday as it continues down a cautious path of monetary easing despite concerns that Ukrainian attacks on…

According to the regulator, measures of underlying inflation remain within the range of 4-5% in annualized terms