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Event Brief

Russia cuts rates as wartime spending strains economy

Russia’s central bank made another interest-rate cut as wartime spending strains the economy.
WHO: Russia’s central bank
WHAT: made another interest-rate cut
WHEN: Apr 24, 2026 at 1:07 PM ET
WHERE: Russia
WHY: Wartime spending has strained the economy.
Sources (1): New York Times

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