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Europe

Russia's inflation shock complicates rate cut hopes as central bank braces for slowdown

bne IntelliNews · 1h ago · 🇷🇺 Russia

Russia's inflation shock complicates rate cut hopes as central bank braces for slowdown

Russia's central bank has warned that the recent surge in inflation is spreading beyond a temporary fuel price shock, while economists have sharply raised their forecasts for inflation and interest rates, complicating Kremlin hopes for rate cuts,

Read the full story at bne IntelliNews →

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