Russia cuts interest rate to 17% as strains show in wartime economy
Posted by lAljax
Russia cuts interest rate to 17% as strains show in wartime economy
Posted by lAljax
2 Comments
17% is still wild to me
I know many non-Western countries had theirs hiked up due to inflation but wow I didn’t expect Russia’s to be so high
There’s a debate among russian policymakers on whether they should fight inflation or recession risks more