The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures.
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Russia Boosts Rates as Ukraine War Costs Mount
![Russia Boosts Rates as Ukraine War Costs Mount](http://www.nasdaqpicks.com/wp-content/uploads/2023/07/Russia-Boosts-Rates-as-Ukraine-War-Costs-Mount-1200x640.jpeg)
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The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures.
Source link