The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.
Russia’s central bank raised its key interest rate Friday, despite warnings against such a move from some business elites within the country. Veuer’s Matt Hoffman reports.
![Russia’s Central Bank Raised Interest Rates, Defying Some Elites [Video]](https://video.newsserve.net/300/v/20240726/1382945092-Russia-Central-Bank-Raised-Interest-Rates-Defying.jpg)
