CNN
@CNN·19.2M subscribers·185.1K videos
Russia slashes interest rates
Posted
May 26, 2022
Views
90,225
Likes
865
Comments
748
Engagement
1.79%
May 26, 2022
90,225
865
748
1.79%
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1:49Now PlayingA resurgent ruble — buoyed by robust oil and gas revenues — has taken some of the heat out of inflation and allowed Russia's Central Bank to cut interest rates. The bank announced that rates will fall from 14% to 11%, after inflation slowed to 17.5% in May compared to 17.8% in April. CNN's Clare Sebastian reports. #CNN #News
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