Russia likely to raise key rate by 50 bp to 7% on Friday - Reuters poll - NewsBreak
By Frank in Business
Updated 3 years ago
MOSCOW (Reuters) - The Russian central bank is set to raise rates by 50 basis points on Friday, approaching the end of a monetary tightening cycle aimed at reining in high consumer inflation, a Reuters poll suggested on Monday. Russia's annual inflation has accelerated to a five-year high, keeping up...