Russia Prepares for Major Rate Hike As Inflation Soars: What to Know
Amid escalating inflationary pressures, Russia’s central bank is gearing up for a substantial rate hike this week. Despite continuous rate increases aiming to control inflation, the consumer price index remains elevated, reflecting ongoing challenges in the war-focused economy. Investors should take note of this development as it may influence investment strategies in Russian assets and broader market perceptions.
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