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Business & Economics

Russian central bank holds key rate at two-decade high

AFP.com
Summary
Nutrition label

76% Informative

Russia 's central bank keeps its key rate at 21 percent on Friday .

Prices have been rising quickly across the Russian economy for months .

Annual inflation shot above 10 percent last month for the first time in two years .

Russia reported strong economic growth for 2024 , largely due to massive state defence spending which is set to jump by almost 30 percent again in 2025 .

VR Score

88

Informative language

94

Neutral language

43

Article tone

semi-formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links