Russian economics. Russia’s central bank governor, Elvira Nabiullina, said another interest rate hike in December is possible, after the bank raised the key rate to a record 21 percent in October. However, she said an increase at the Dec. 20 meeting is “not predetermined,” despite the declining value of the ruble, which could fuel inflation. […]
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Daily Memo: Russia’s Economic Outlook, Syria Talks
Middle East governments are trying to prevent the fighting in Syria from escalating.
