tiny lemmy 

Inflation slowdown, prospects of key rate reduction: statements by Central Bank chief

c/worldnews · u/jackeroni@lemmy.ml · -9 points

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u/yojimbo@sopuli.xyz · 0 points

Not sure if it's just the Tass being Tass - but somehow her statements are totally missing the debt crisis.

Total corporate debt has reached RUB 86.2 trillion (about US$1.1 trillion), up 65% compared to the start of the full-scale war. Nearly half of this debt is owed by Russia’s 78 largest companies. One in six of them spends over a third of profits on interest payments, while 8% of the total debt is owed by companies that cannot even cover their loan servicing costs.

msn, bloomberg archived, themoscowtimes

Even though she claims inflation is falling (to 3-4% nonetheless) The Bank of Russia interest rate is still breathtaking 20% tradingeconomics