Russia's economy has operated like a marathoner on fiscal steroids—and now those steroids are wearing off." ...

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...

Contributing factors to inflation include increased military production, labor shortages, and a weakening ruble.

The Russian economy is showing signs of overheating which is stoking worryingly high inflation, President Vladimir Putin said ...

Russia is poised for another aggressive rate hike on Friday as the central bank continues to find little success in tackling ...

The Central Bank of Russia decided that discretion was the better part of valor Friday, suspending its campaign of interest ...

The Bank of Russia held its key interest rate at a record-high 21%, surprising most analysts who’d expected policymakers to ...

Russia's inflation has reached 9.14% so far this year, well above the central bank's annual estimate of 8.5%, after the new ...

Russia's central bank kept interest rates at 21 percent on Friday despite surging inflation, in a surprise move as economists had expected an increase.

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...

Russia's central bank kept interest rates at 21 percent on Friday despite surging inflation, a surprise decision that follows ...

Largest Price Increases In Foodstuffs, Russia, November 2023- November 2024 Inflation has exceeded estimates by Russia's Central Bank, which predicted in October that it would remain between 8 ...