Ukraine holds at 15.5% as Russia’s rate swings
Ukraine’s central bank voted 10-1 to hold its key rate at 15.5%.
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Russia’s Central Bank
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Russia cuts rates to save businesses it’s about to crush with taxes
The governor who defended high rates as “economic Darwinism,” has just reversed course.
ISW: Russia is “burning the candle at both ends”—bankers quietly brace for bailouts
Russia’s top financial execs reportedly fear a growing debt crisis despite Central Bank claims of stability.