Inflation in Russia has probably peaked, as the annualised preliminary January rate reached 9.9%, said Renaissance Capital in a note on February 18. (chart) Inflation remained in line with ...

Inflation in Russia has probably peaked, as the annualised preliminary January rate reached 9.9%, said Renaissance Capital in ...

Russia's private sector balance is slightly positive, while strong demand is driven by government spending, net exports, and ...

But Russia has had high interest rates before: 19% in 1998 and 13.1% in 2009, and inflation fell quickly on both occasions. There are signs the economy is now beginning to cool down – it is ...

Soaring inflation has plunged Russia into a fresh economic crisis – with sky-high interest rates threatening to devastate struggling civilian businesses. Vladimir Putin’s country has been ...

The country's central bank raised interest rates to 21% at the end of last year to counteract this inflation. Russia has also suffered heavy losses on the battlefield during the Ukraine war over ...

An curved arrow pointing right. Since launching its war on Ukraine, Russia has seen a boost in its GDP large enough that the World Bank reclassified Russia from an upper-middle-income to a high ...

Will the European Central Bank face a problem that has bedeviled the Bank of Russia? European governments are about to embark on a big increase in defense spending, fueled by growing doubts about ...

Analysts at the Institute for the Study of War (ISW) have suggested that the Kremlin is exerting pressure on Russia's Central Bank over high interest rates to curb inflation driven by its war against ...