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Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

May 3, 2023 Jimmy Rivera

Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022…

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No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

April 29, 2023 Jimmy Rivera

Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April, although this may change later this year.…

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‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

April 27, 2023 Jimmy Rivera

Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but…

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Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

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