Economics
Russia Seen Making Another Big Rate Hike: Decision Day Guide
- Inflation remains more than double central bank’s target
- Majority of forecasters expect 100 basis-point increase Friday
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Bank of Russia Governor Elvira Nabiullina is expected to deliver a third 100 basis-point increase in its key interest rate in less than a year Friday and, with inflation still running more than double the target, it may not be the last.