Russia's Nabiullina and her deputy Zabotkin on rates, economy and the budget

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank cut its key rate to 17% from 18%. Read More

Putin says Russia is curbing economic growth to control inflation, recession 'far away'

President Vladimir Putin said on Thursday that Russia is deliberately slowing its economic growth in order to suppress inflation and that the world's second largest oil exporter was far away from a ... 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

Russia cuts interest rate as economy slows

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing fears of an economic slowdown after bloated spending on the Ukraine ... Read More

Bank of Russia governor dismisses talk of recession

Cooling growth should not be confused with a contraction, Bank of Russia Governor Elvira Nabiullina has said Read Full Article at RT.com ... Read More

Bank of Russia Set to Keep Slashing Key Rate as Economy Cools

The Bank of Russia is poised to continue steep rate cuts as the economy cools faster than expected, with growth at risk of undershooting official targets this year. Read More

Putin Says Economy Not Stagnating, Backs Bank of Russia on Rates

President Vladimir Putin rejected a top banker’s warning that Russia’s economy is showing signs of stagnating, as he backed the central bank’s efforts to curb inflation by hiking interest rates to ... Read More

Russian central bank cautiously cuts key rate by 100 bps to 17%

The Russian central bank cut its key interest rate by 100 basis points to 17% on Friday, less than analysts had expected, pointing to stubbornly high inflation. "Inflation expectations have not ... Read More

Sberbank CEO Gref Warns of Russian Recession if Rates Not Slashed

VLADIVOSTOK, Russia (Reuters) -Sberbank CEO German Gref, one of Russia's most powerful bankers, warned on Thursday that the economy was stagnating and that unless the central bank slashed interest ... Read More

Russia's Nabiullina on rates, economy and the budget

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank cut its key rate to 17% from 18%. They spoke in Russian and ... Read More