Russian rates. Russia’s central bank slashed its key interest rate from 9.5 percent to 8 percent. Although it was no surprise that the bank decreased the rate, it was expected to be a more modest cut. It was the fifth consecutive reduction since the bank raised the key rate from 9.5 percent to 20 percent […]
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Daily Memo: Russia Cuts Rates Again, US-South Korea Training Resumes
This is the Russian central bank's fifth rate cut since February.
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