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flag Russia cuts interest rate to 15.5% in effort to boost slowing economy amid war, sanctions, and falling oil revenues.

flag Russia’s central bank cut its key interest rate to 15.5% on February 13, 2026, marking the sixth straight reduction as it seeks to stimulate a slowing economy. flag Growth slowed to 1% in 2025 from 4.9% in 2024, driven by war costs, sanctions, and declining oil revenues. flag The bank expects inflation to temporarily rise due to tax hikes but projects a 2026 average rate of 13.5% to 14.5%, with further cuts possible if inflation trends align with its 4% target.

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