Russia's Central Bank Raises Interest Rate to 21% to Fight Inflation Boosted by Military Spending
Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation as government spending on the military strains the economy’s capacity to produce goods and services and drives up workers’ wages
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Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation as government spending on the military strains the economy’s capacity to produce goods and services and drives up workers’ wages
