Ё-МАЁ
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You must be a great expert on economics and know how everything works. In Europe, interest rates are low and inflation is low, but GDP is zero or even minus. But in Russia, interest rates are high and inflation is high, but GDP is over 4%. On the other hand, the IMF predicted a catastrophic decline in Russia's GDP (they are experts there!), and then during the year it adjusted its forecasts 5 times upwards ))))Well, Russian Central Bank is in Russia
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Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending
Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation.apnews.com
Russia Interest Rate
The benchmark interest rate in Russia was last recorded at 14.25 percent. This page provides the latest reported value for - Russia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.tradingeconomics.com
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How much is your Credit Card charging you per annum?? Or do you even have a credit card??
Translated with DeepL.com (free version)







