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. Policymakers said rising fuel costs, driven by Ukrainian drone attacks on oil refineries, are making it difficult for them to tame inflation. Key points and original sources are listed below.
- 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