Russia Reiterates Inflation Targeting Commitment Despite Shocks, Says ING
The Bank of Russia kept the key rate at 20 per cent, citing inflationary risks and pointing at the budget as the tool to support economic growth, says ING.
Source: ndtv.com
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Russian rouble barely moves after c.bank holds rates
Russia’s rouble was little changed on Friday after the country’s central bank kept its key interest rate unchanged as expected, while a recovery in the dollar…
Source: financialpost.com
FX Daily: Monetary brakes vs. China expansion = volatility | Hellenic Shipping News Worldwide
USD: CPI at 7.5% YoY lets Fed expectations run wild Yesterday’s release of US January CPI has uncorked a rare vintage of Fed expectations. Arch-hawk James Bullard hit the wires late yesterday with the suggestion of 100bp increments in tightening and perhaps even some inter-meeting tightening. The market now prices 47bp of tightening for the ...
Source: hellenicshippingnews.com
The Day - Putin may have Russia ready for any Ukraine-related sanctions - News from southeastern Connecticut
U.S. President Joe Biden says planned sanctions if Russia invades Ukraine would have "a devastating impact" on its economy. But after the Kremlin spent the
Source: theday.com
Putin's financial fortress blunts impact of threatened sanctions
U.S. President Joe Biden says planned sanctions if Russia invades Ukraine would have "a devastating impact” on its economy, but economists say Russia is ready.
Source: japantimes.co.jp