Russian Central Bank Warns of Higher Inflation as It Lowers Key Rate to 14%
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Source: The Moscow Times
Published: 2026-07-24 20:57 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Transport, Europe, Ukraine/Russia, Energy, Economy & Finance, Business & Economy
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Snippet:
Russia's Central Bank lowered its key interest rate from 14.25% to 14% on Friday as it continues down a cautious path of monetary easing despite concerns that Ukrainian attacks on Russian oil refineries and commercial sites could fuel a renewed inflation surge.
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