Economics
Russia Eyes Biggest Rate Hike Since 2014
- Annual inflation has spiked to the highest since 2016
- Most economists expect a 100 basis-point hike on Friday
Elvira Nabiullina
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
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The Bank of Russia may increase interest rates by the most since the ruble crisis in 2014 as it struggles to contain surging inflation.