Russia’s Central Bank Raises Rates to 15 Percent to Curb Inflation

Russia’s Central Bank Raises Rates to 15 Percent to Curb Inflation

The New York Times - Business:

The jump, from 13 percent, would bring a long period of “tight monetary conditions” in order to ease price pressures, the bank said.

This post first appeared in The New York Times - Business. Read the original article.