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The main events by the morning: May 14

May, 14 2024

The policy of the Central Bank of the Russian Federation is becoming more and more stringent. In its report yesterday, the Bank of Russia announced a possible increase in the «neutral rate». This rate indicates the end of a period of severe restrictions in the economy. Currently, its level is 6-7%, but experts believe that in 2024 the Central Bank may raise it to 7-8%. This will lead to loans becoming less affordable.Biden signed a law banning the import of uranium from Russia to the United Stat... Read More

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