Russia's economy is on the verge of sliding into recession and monetary policy decisions will now determine whether it falls into one or not, Economy Minister Maxim Reshetnikov warned on Thursday.

Moscow is "burning the candle at both ends" by loosening monetary policy to prop up growth and expanding wartime spending, ...

Russia’s economy is beginning to show signs of strain, and immediate action is needed to loosen monetary policy to prevent ...

Russia's economy, retooled for war, ... an economics expert with the Center for European Policy Analysis in Washington. “So what’s happening now is the economy returns to where it should be.

Russia's economy minister Maxim Reshetnikov said on Tuesday that the central bank should ease monetary policy in a timely manner in order to achieve growth of 3%, a target set by President ...

In this photo released by the Roscongress Foundation, Minister of Economic Development of the Russian Federation Maxim Reshetnikov attends a plenary session of the St. Petersburg International ...

Russian ruble notes are seen besides dollar bills in this image taken on January 11, 2025. Matt Cardy/Getty Images Why It Matters. Russia's economy has been impacted by a fall in global oil prices ...

Russia’s sanctions-defying economy, propelled higher by the Ukraine war, is suddenly coming back down to earth. Fueled by massive military spending and steady oil exports, Russia recorded some ...

ST PETERSBURG, Russia (Reuters) -Russia's economy is on the verge of sliding into recession and monetary policy decisions will now determine whether it falls into one or not, Economy Minister ...