Economy News Russia S Central Bank Boss Has Issued A Warning That The Country S Wartime Economy Is At Risk Of Overheating

Russia’s economy is hurting so bad that even Putin can’t outrun the crisis

Rising pressures Over the past year, the Central Bank of Russia implemented steep interest-rate hikes to combat accelerating inflation, pushing the key rate up to 21% before easing it to 16.5% in ... Read More

Russia's largest lender sees economy cooling for another year

Russia's economy is seeing "continued cooling" with growth likely to remain at around 1% next year and business activity remaining weak for four to five quarters, a senior executive at Sberbank, the ... Read More

Russia's top banker warns Moscow is fighting the wrong economic battle

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Russia's Central Bank Cuts Key Rate as New Sanctions Loom — Update

Russia's central bank Friday lowered its key interest rate for a fourth straight meeting as an already slowing economy braces for the impact of fresh sanctions from the U.S. and the European Union in ... Read More

Russia Cuts Key Interest Rate, Warns Of Tepid Growth

Russia's central bank on Friday cut its benchmark interest rate and said growth had slowed to almost zero as the economy sags under the cost of the Ukraine offensive and Western sanctions. The ... Read More

Russia's central bank says its operations with gold are increasing

The Russian central bank said on Wednesday that its sales and purchases of gold in the domestic market for the budget reserve, the National Wealth Fund (NWF), have been increasing in recent years due ... Read More

Russia's top banker warns Moscow is fighting the wrong economic battle

Russia's war on inflation could be blinding policymakers to a far bigger problem — stalled growth. Economic growth depends on labor productivity and employment, but both are under strain. A top ... Read More

Russia’s Central Bank Cuts Key Rate as New Sanctions Loom

Russia’s central bank on Friday lowered its key interest rate for a fourth straight meeting as an already slowing economy braces for the impact of fresh sanctions from the U.S. and the European Union ... Read More