This is a Russia news story, published by Newsweek, that relates primarily to Central Bank news.
For more Russia news, you can click here:
more Russia newsFor more inflation news, you can click here:
more inflation newsFor more news from Newsweek, you can click here:
more news from NewsweekOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about
Russian economy. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Russian currency news, GDP growth news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
tighter monetary policyNewsweek
•71% Informative
Russia 's Central Bank raised its key interest rate to a record 21 percent .
Russia 's economic growth has been fueled by record levels of military spending but a lack of workers exacerbated by troop losses in Ukraine and a brain drain of those avoiding the draft.
Inflation is 8.6 percent which is more than twice the Central Bank's goal of four percent which the growing interest rate aims to address.
VR Score
79
Informative language
82
Neutral language
52
Article tone
formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links