(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.The Bank of Russia delivered a fifth consecutive bout of monetary easing and said it would consider more cuts in the first half of next year as inflation continues to fall below target.The bank lowered its benchmark interest rate by 25 basis points to 6.25%, according to a statement published on Friday, taking the total reduction this year to 150 basis points. The move was forecast by 26 out of 33 economists in a Bloomberg survey. Four …read more
Source:: Yahoo Finance
