Russia's central bank sharply raised its inflation forecast for 2025 on Friday, warning there was no sign rocketing price increases would go into reverse. Inflation has been rising fast across the ...

It is “almost certain” that Raiffeisen has other clients supplying the Russian military-industrial complex, Bloomberg cited anonymous ... from the European Central Bank, it cannot avoid ...

The Bank of Russia will keep the key rate at 21% on Friday for a second meeting, according to all economists surveyed by Bloomberg. After hiking 5 percentage points last year, Governor Elvira ...

The Bank of Russia, also known as Russia's Central Bank, issued the forecast on Friday as it announced it had left its key interest rate unchanged at 21 percent—an all-time high imposed in ...

while CEOs at top Russian corporations have publicly criticised the central bank's high interest rate policy. The regulator surprised markets at its last rate-setting meeting in December by ...

Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including ...

Russia’s central bank kept borrowing costs at a record high for the second meeting, though held open the prospect it could tighten monetary policy at its next meeting to fight persistent inflation.

Russia's central bank sharply raised its inflation forecast for 2025 on Friday, warning there was no sign rocketing price increases would go into reverse. Inflation has been rising fast across the ...

Inflation has been rising fast across the Russian economy for months ... forecast for 2025 of between 4.5 to five percent, the central bank said in a statement. This is despite a rally in the ...