Russian Central Bank Holds Key Rate Despite Rising Price Pressures
What to know
- The central bank left its key interest rate unchanged after a series of 10 cuts as Ukraine’s drone strikes threaten to push inflation even higher.S1
- Policymakers said rising fuel costs, driven by Ukrainian drone attacks on oil refineries, are making it difficult for them to tame inflation.S2
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Russian Central Bank Holds Key Rate Despite Rising Price Pressures
The central bank left its key interest rate unchanged after a series of 10 cuts as Ukraine’s drone strikes threaten to push inflation even higher.
1mo
Themoscowtimes
Russian Central Bank Holds Key Rate at 14%
Policymakers said rising fuel costs, driven by Ukrainian drone attacks on oil refineries, are making it difficult for them to tame inflation.
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Published Sep 11, 2026
What to know
- The central bank left its key interest rate unchanged after a series of 10 cuts as Ukraine’s drone strikes threaten to push inflation even higher.S1
- Policymakers said rising fuel costs, driven by Ukrainian drone attacks on oil refineries, are making it difficult for them to tame inflation.S2
Timeline · newest first
Sources · 2 citations
S2
ThemoscowtimesLead
1 report · EN
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