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Business & Economics

Russia cuts interest rates from two-decade high as economy slows

AFP.com
Summary
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74% Informative

Russia 's central bank cuts key interest rate to 20 percent , down from two-decade high of 21 percent .

Russia 's economy has been marked by volatility since it launched its full-scale military offensive on Ukraine in 2022 .

Inflation is still running above 10 percent , but officials say price rises are coming under control.

VR Score

85

Informative language

93

Neutral language

12

Article tone

informal

Language

English

Language complexity

54

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

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