Russia Implements First Interest Rate Cut Since 2022 Amid Easing Inflation
TL;DR Summary
Russia's central bank has reduced its interest rate to 20% for the first time since September 2022, signaling easing inflation pressures, though monetary policy remains tight to control inflation and support economic stability amid ongoing geopolitical tensions.
- Russia lowers interest rates to 20% in first cut since 2022 as inflation pressures ease CNBC
- Russia’s Central Bank Cuts Key Rate From Historic High as Economy Slows The Moscow Times
- Russia on Cusp of First Rate Cut Since 2022 as Inflation Eases Bloomberg
- Russia’s central bank cuts interest rates for first time since 2022 Financial Times
- Russia cuts key interest rate for first time since 2022 The Kyiv Independent
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