The Central Bank of Russia decided that discretion was the better part of valor Friday, suspending its campaign of interest ...

Raging inflation is being driven by the billions the Kremlin is pumping into military industries as its invasion of Ukraine ...

Turkey employs some 1.5 million garment workers, most of whom faced a 14 percent gap between the minimum wage and the average ...

Russia's Central Bank decided on Dec. 20 to keep its benchmark interest rate steady at 21%, contrary to expert expectations ...

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly ...

Earlier this month, the Organization for Economic Cooperation and Development raised its Russian growth forecast for this year to 3.9% from 3.7%, which would leave it trailing India, Indonesia and ...

Monetary transmission in simple terms is the mechanism through which changes in monetary policy affect real economic activity ...

maintained interest rates at its record 21% on Friday, as key insiders say the country's inflation-ravaged economy is a "disaster". The bank had been expected to raise rates even further as ...

The government plans to raise military spending in ... the central bank steadily reduced its key interest rate to a low of 7.5% in mid-2023 as inflation cooled. But the longer the war has lasted ...

Russian An-72 military transport plane damaged in blast near Moscow, Ukraine's intel claims Fire, casualties reported in Kyiv ...