Russia's central bank on Friday lowered interest rates to 18 percent from 20 percent earlier, its steepest cut in more than ...

Russia's central bank today lowered interest rates to 18% from 20% earlier, its steepest cut in more than three years as ...

Military production and defense spending are propping up Russia's economy and may shape its future long after the war in ...

The IMF now expects Russia's economy to grow 0.9% in 2025, down from the 1.5% it had projected in April.

Russia’s economic outlook is growing increasingly uncertain as it grapples with manufacturing declines and inflationary ...

Russia's economy is on the verge of sliding into recession and monetary policy decisions will now determine whether it falls into one or not, Economy Minister Maxim Reshetnikov warned on Thursday.

The bank’s governor, 58-year-old Elvira Nabiullina, said that they could accelerate the rate cut if the economy slows down ...

The International Monetary Fund has downgraded its forecast for the Russian economy, signaling the end of a short-lived ...

Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...

Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.

A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.

“The likelihood of an economic slowdown and the Federal Reserve’s potential rate cuts remain uncertain, limiting the upside ...