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Russia's central bank warned on Tuesday that another rate hike was possible, after raising its key interest rate to 12 percent earlier
Russia’s central bank warned on Tuesday that another rate hike was possible, after raising its key interest rate to 12 percent earlier in the day. “In the case of a strengthening of pro-inflation risks, an additional increase of the key rate is possible,” the central bank was quoted as saying by Russian news agencies.
The post Russian central bank warns another rate hike possible appeared first on Insider Paper.
https://insiderpaper.com/russian-central-bank-warns-of-new-rate-hike-if-inflation-risks-rise/
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