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Russia could hike rates in 2023 if inflation risks have big impact -cenbank

Russia could hike rates in 2023 if inflation risks have big impact -cenbank

© Reuters. FILE PHOTO: National flag flies over the Russian Central Bank headquarters in Moscow, Russia May 27, 2022. REUTERS/Maxim Shemetov MOSCOW (Reuters) – The Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages and import restrictions have a meaningful impact, Deputy Governor Alexei Zabotkin told the RBC…

Sanctions to help cut Belarus GDP by 4% in 2022, says PM

Sanctions to help cut Belarus GDP by 4% in 2022, says PM

© Reuters. FILE PHOTO: Belarusian Prime Minister Roman Golovchenko attends a meeting with Russian Prime Minister Mikhail Mishustin in Moscow, Russia March 14, 2022. Sputnik/Alexander Astafyev/Pool via REUTERS (Reuters) – The economy of Belarus is expected to shrink by 4% in 2022 after western nations imposed punitive measures, much less than some had forecast, Interfax…