{"id":43168,"date":"2021-03-19T20:44:58","date_gmt":"2021-03-19T16:44:58","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=43168"},"modified":"2021-03-19T20:44:59","modified_gmt":"2021-03-19T16:44:59","slug":"russias-central-bank-hikes-interest-rate-to-4-5","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/russias-central-bank-hikes-interest-rate-to-4-5\/03\/19\/market-updates\/","title":{"rendered":"Russia\u2019s Central Bank Hikes Interest Rate to 4.5%"},"content":{"rendered":"\n<p>The Central Bank of Russia on Friday decided to raise its main interest rate by 0.25% to 4.5%, due to the recent rise in inflation above the central bank\u2019s forecasts.<\/p>\n\n\n\n<p>The bank\u2019s policy statement noted that \u201cdomestic demand is recovering more steadily and faster than expected, outstripping the pace of output growth in a number of sectors.\u201d<\/p>\n\n\n\n<p>In addition, the statement said that the pace of economic recovery is higher than expected, with more businesses reporting a return to their pre-pandemic production rates.<\/p>\n\n\n\n<p>The decision marked the first change in interest rates in Russia since July 2020.<\/p>\n\n\n\n<p>A similar rate hike is expected in the Russian central bank\u2019s upcoming meeting in April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Russia on Friday decided to raise its main interest rate by 0.25% to 4.5%, due to the recent rise in inflation above the central bank\u2019s forecasts. The bank\u2019s policy statement noted that \u201cdomestic demand is recovering more steadily and faster than expected, outstripping the pace of output growth in a number &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31765,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6875],"class_list":["post-43168","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-russia"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=43168"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43168\/revisions"}],"predecessor-version":[{"id":43169,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43168\/revisions\/43169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31765"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=43168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=43168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=43168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}