Russia’s Central Bank Lowers Interest Rate
Lesson Brief
РИА Новости
Russia's central bank announced on Friday that it is lowering the country's key interest rate for the first time in eleven months to 10.5%. While inflation rates are still high in the country at 7.3 percent, they have remained steady the last few months. The bank stated the possibility of further rate cuts based on further inflation estimates.
Click and Match
- to lower
- снижать, снизить
- sign, indication
- признак
- entrepreneur
- предприниматель
- restorative, reparative
- восстановительный
- credit market, loan market
- кредитный рынок
- consumer credit
- потребительский кредит
- to influence something
- влиять на что
- exchange, stock market
- биржа
- to soften, tone down
- смягчать, смягчить
- indicator
- показатель