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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


  • Sep 13 2024
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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

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