Russia's central bank cuts key interest rate to 11%, citing decreased stability risks

CNBC

Center

Mixed Factuality

Individual: Roberts Family

Russia's central bank cuts key interest rate to 11%, citing decreased stability risks

The Central Bank of Russia on Thursday cut its key interest rate from 14% to 11%, citing a slowdown in inflation and the recovery of the ruble.

RTÉ

Center

High Factuality

Government: Government of Ireland

Russian central bank cuts key rate, sees room for more

Russia's central bank lowered its key interest rate to 11% and said it saw room for more cuts this year, as inflation slows from more than 20-year highs and the economy is about to contract.

Financial Post

Lean Right

Mixed Factuality

Individual: Leon Cooperman

Corporation: Allianz

Russian central bank lowers key rate to 11% from 14%

Russia’s central bank on Thursday lowered

Bloomberg

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Mixed Factuality

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

Russia's central bank cuts key interest rate to 11%, citing decreased stability risks

Business Insider

Lean Left

Mixed Factuality

Private Equity: Kohlberg Kravis Roberts

Russia's central bank slashes interest rates to 11% as it tries to tame the rampant ruble

The central bank and government are now worried the rally in the ruble has gone too far, after propping up the currency with capital controls.