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Russia Cuts Interest Rates Amid Growing Deficit Concerns · Cyprus Report

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International · World

Russia Cuts Interest Rates Amid Growing Deficit Concerns

1 sourceFirst reported 1 month agoUpdated 1 month ago

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Η Ρωσία μειώνει τα επιτόκια και ανησυχεί για το έλλειμμα που διογκώνεται, παρά τα «φουσκωμένα» έσοδα από το πετρέλαιοnewsit.gr · 1 month ago

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AI summary: catch up in 20 seconds

Russia is set to lower its key interest rate for the ninth consecutive session.
Inflation is slowing down, influenced by the war in the Middle East.
The central bank plans to reduce the rate by 50 basis points to 14%.
Despite increased oil revenues, Russia's budget deficit continues to widen.
Economic growth forecast for 2026 was revised down to 0.4% from 1.3%.

Generated by AI from the 1 sources below · always verify with the originals