Russia Holds Key Rate as Ukrainian Strikes Spur Inflation

Russia's central bank decided to maintain its key interest rate steady for the second consecutive meeting, amidst ongoing economic challenges due to Ukrainian attacks on energy infrastructure. This move comes as inflation pressures mount, likely influenced by the disruptions in energy supply. The decision underscores the bank's focus on managing inflation while navigating the economic fallout from the conflict, highlighting the broader implications for both domestic stability and international relations. For a deeper dive, check out the full article on Bloomberg.