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The Kremlin Wants to Cool Down The Russian Economy. Why That Could Be A Problem
After years of torrid growth, propelled by government spending to fuel the war on Ukraine, Russia’s economy is grinding to a crawl. Read More
Russia’s central bank reveals GDP is shrinking, in a sign Putin’s war economy has slipped into recession
A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the definition of a technical recession. Read More
The Russian Economy Faces a ‘Perfect Storm’
Key Points and Summary - Russia's economy is facing a looming crisis as the war in Ukraine nears its fourth year. Crippling inflation, a severe labor shortage exacerbated by military casualties and ... Read More
Russia cuts interest rate to 17% as strains show in wartime economy
Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth and business activity as the economy slows and the government budget ... Read More
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