Russia’s central bank lowered its key interest rate to 14.25% on Friday, marking the ninth consecutive rate cut. The 0.25 percentage point reduction from 14.50% signals continued efforts to stimulate economic activity. This decision comes amid slowing inflation and a weakening ruble, though the bank maintains a cautious approach. Officials indicated further rate adjustments are possible, dependent on economic data and inflationary pressures. The move aims to balance supporting economic growth with maintaining price stability. This latest cut reflects a trend of easing monetary policy as Russia navigates the economic challenges posed by international sanctions and geopolitical factors.
