Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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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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