Russia's central bank raised its key interest rate by 100 basis points on Friday, to bring the inflation to the target.
The Board of Directors decided to increase the key rate to 6.50 percent from 5.50 percent. The outcome of the meeting came in line with economists' expectations.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.