Russian Central Bank Cuts Key Rate to 14.25% Amid Economic Slowdown
Russia’s Central Bank lowered its key interest rate from 14.5% to 14.25% on June 19, 2026, marking its ninth consecutive cut since beginning a policy of monetary easing after hiking borrowing costs to a two-decade high to curb surging inflation. The 25-basis-point reduction signals a more cautious approach than analysts had anticipated, with most forecasters…
