Russian President Vladimir Putin addressed concerns about inflation during his annual 'Direct Line' Q&A session, stating that the country's economy is overheating. He emphasized that the government and the Russian Central Bank are working to achieve a 'soft landing' for the economy, despite rising consumer prices and pressures on wages due to military spending and import costs.
Russia n President Vladimir Putin on Thursday said that inflation is a problem in Russia and that the country's economy is overheating.
Russian President Vladimir Putin on Thursday said that inflation is a problem facing Russia, and that the country's economy is overheating."There are some issues here, namely inflation, a certain overheating of the economy, and the government and the central bank are already tasked with bringing the tempo down," Putin said in his annual"Direct Line" Q&A session with Russian citizens on Thursday, in comments translated by Reuters.
Putin blamed international sanctions for price rises, but also appeared to criticize the central bank, saying experts had suggested that other tools could have been used to tame inflation, beyond interest rates.
Inflation Russia Economy Putin Central Bank
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