Russia Ditches Rate Cuts as Recovery Adds to Inflation Pressures

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(Bloomberg) -- The Bank of Russia ended its monetary easing cycle as signs of a rebound from the pandemic added to inflationary pressures. Interest rates were kept on hold for a fourth straight policy meeting. “The potential for easing monetary policy has ...

from Google Alert - Business https://ift.tt/3qlvAsT
(Bloomberg) -- The Bank of Russia ended its monetary easing cycle as signs of a rebound from the pandemic added to inflationary pressures. Interest rates were kept on hold for a fourth straight policy meeting. “The potential for easing monetary policy has ... https://ift.tt/eA8V8J

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