Efforts by the Central Bank of Russia to rein in inflation through interest rate hikes are not only ineffective but also edge the Russian economy towards a precipice. Even analysts close to the Kremlin concede this inconvenient truth for Russia's leadership. According to a forecast by the economic center CMACP , which is close to Russian authorities, the Russian economy is headed for a shock, which is expected to bring about a production decline, corporate bankruptcies, and a surge in unpaid

Tag-uri: Inflatie