Russia's rail industry is in its worst downturn since the Great Financial Crisis, according to an estimate from MMI Research.

Contributing factors to inflation include increased military production, labor shortages, and a weakening ruble.

Russia's economy has operated like a marathoner on fiscal steroids—and now those steroids are wearing off." ...

The Russian economy is showing signs of overheating which is stoking worryingly high inflation, President Vladimir Putin said ...

Russia's central bank has left its benchmark interest rate at 21%, holding off on further increases as it struggles to snuff ...

President-elect Donald Trump plans to launch a mass deportation operation targeting millions of immigrants living in the U.S.

Russia is poised for another aggressive rate hike on Friday as the central bank continues to find little success in tackling ...

The Central Bank of Russia decided that discretion was the better part of valor Friday, suspending its campaign of interest ...

Inflation fell worldwide in 2024, but voters expressed discontent with rising prices from past years, leading to the defeat ...

The Bank of Russia held its key interest rate at a record-high 21%, surprising most analysts who’d expected policymakers to ...

Russia's inflation has reached 9.14% so far this year, well above the central bank's annual estimate of 8.5%, after the new ...

Russia's central bank has announced the decision to maintain the benchmark interest rate at 21 percent, resisting pressure for further increases despite surging inflation. This move follows an ...