Russian central bank cuts rate to 14.5%

NAMPA / DPA
2026-04-24
Moscow (dpa-AFX) - Russia's central bank on Friday reduced its benchmark rate for the eighth consecutive time to contain rising inflation. The Board of Directors of the Bank of Russia decided to cut the interest rate by 50 basis points to 14.5%. The bank said it will assess the need for further key rate cuts at its upcoming meetings depending on sustainability of inflation slowdown and dynamics of inflation expectations. The bank expects inflatio......
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