Russia’s central bank cuts rates again as economy struggles with budget crisis

Russia’s central bank dropped interest rates to 15. 5% on Friday, the fifth cut since last year. Officials lowered rates by half a point from 16%, saying the economy is getting back on track despite prices jumping in January after the government hiked taxes on everyday purchases. The bank expects to keep cutting rates this year, […] source: https://www.cryptopolitan.com/russias-central-bank-cuts-rates-again/