Financial Personal
Russian central bank hikes rates to fight inflation fueled by military spending in growing economy
MOSCOW (AP) — Russia’s central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy’s capacity to produce goods and services and driv
MOSCOW (AP) -- Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy's capacity to produce goods and services and drives up workers' wages. Read More