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11 Jan 2024, 09:44
Collecting the best GIFs below this post!
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111 Jan 2024, 09:59
In a strategic move to combat persistent inflation, Russia's central bank has raised its key interest rate by 100 basis points to 16%, marking the fifth consecutive meeting of tightening monetary policy. Since July, rates have soared by an impressive 850 basis points, showcasing the central bank's commitment to addressing economic challenges head-on.
Faced with stubborn inflation, the central bank's decisive action signals a proactive stance to stabilize the financial landscape. This latest hike not only reflects the bank's dedication to curbing inflationary pressures but also suggests that the tightening cycle might be nearing completion.
In a strategic move to combat persistent inflation, Russia's central bank has raised its key interest rate by 100 basis points t
In a strategic move to combat persistent inflation, Russia's central bank has raised its key interest rate by 100 basis points to 16%, marking the fifth consecutive meeting of tightening monetary policy. Since July, rates have soared by an impressive 850 basis points, showcasing the central bank's commitment to addressing economic challenges head-on.
Faced with stubborn inflation, the central bank's decisive action signals a proactive stance to stabilize the financial landscape. This latest hike not only reflects the bank's dedication to curbing inflationary pressures but also suggests that the tightening cycle might be nearing completion.