Russia's central bank reduced its benchmark rate for the eighth consecutive time to contain rising inflation.
The Board of Directors of the Bank of Russia decided to cut its interest rate by 50 basis points to 14.50 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.