Russia's central bank left its interest rate unchanged on Friday after six consecutive rate cuts as inflation expectations moved higher.
The Board of Directors of the Bank of Russia decided to retain the key interest rate at 7.50 percent, as widely expected.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.