Will Russia Cut Rates Again to Combat Recession?

Russia's central bank meets on Friday to decide whether to cut interest rates to a record low to help stimulate the economy out of a recession.

About the Author

Erik Norland is Executive Director and Senior Economist of CME Group. He is responsible for generating economic analysis on global financial markets by identifying emerging trends, evaluating economic factors and forecasting their impact on CME Group and the company’s business strategy, and upon those who trade in its various markets. He is also one of CME Group’s spokespeople on global economic, financial and geopolitical conditions.

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Our Interest Rate products span the entire US dollar-denominated yield curve including futures and options on the most widely followed US Interest Rate benchmarks: Eurodollars, U.S. Treasury Securities, 30-Day Fed Funds, and Interest Rate Swaps.

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