Russia Raises Interest Rates, Trying to Cool Wartime Economy
With the ruble weakening and the government spending ever more money on the war in Ukraine, Moscow took unexpectedly sharp action to curb inflation. [Source]
Publication Date:Origin: nytimes.com
Category: Economic Conditions and Trends
Topics: inflation, action, sharp, unexpectedly, Moscow, Ukraine, money, spending, government, weakening, ruble, Economy, Wartime, Trying, Rates, Interest, Raises, Russia
Source: https://www.nytimes.com/2023/07/21/world/europe/russia-interest-rate-inflation.html