Friday, April 29, 2011
But not in the UK, it appears!
"Russia is to raise its key interest rates for the second time this year as it attempts to control inflation. The Russian Central Bank will increase the refinancing rate from 8% to 8.25% and the deposit rate from 3% to 3.25% on Tuesday. Inflation in the year to 25 April stood at 9.6%." (China's inflation rate is up to 5.4% today).