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Russia's inflation shock complicates rate cut hopes as central bank braces for slowdown

Published on: Wednesday 15 July 2026

Russia's inflation shock complicates rate cut hopes as central bank braces for slowdown By Ben Aris in Berlin Russia's central bank has warned that the recent surge in inflation is spreading beyond a temporary fuel price shock, while economists have sharply raised their forecasts for inflation and interest rates, complicating Kremlin hopes for further monetary easing. (chart) The Bank of Russia released its monthly Talking Trends repo...



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