Russia makes rare rate cut, signaling economic concerns

semafor.com/article/06/06/2025/russia-set-for-rare-rate-cut-signaling-significant-economic-concerns

Russia’s central bank cut interest rates for the first time since late 2022, as policymakers fear a red-hot wartime economy could tip into a downturn.
Most of the economists surveyed by Bloomberg projected the bank would lower borrowing costs, which currently stand at a record 21% in…

This story appeared on semafor.com, 2025-06-06 10:46:22.
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