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
- inflation
- инфляция
- department, agency
- ведомство
- to soften, tone down
- смягчать, смягчить
- gradually, in stages
- поэтапно
- restorative, reparative
- восстановительный
- consumer credit
- потребительский кредит
- sign, indication
- признак
- key role
- ключевая роль
- percentage point
- процентный пункт
- exchange, stock market
- биржа