Vladimir Putin is in a painful economic bind

M ost central banks are cutting interest rates. Not Russia’s. Last month policymakers raised rates to 21%, a two-decade high; markets expect them to reach 23% by the year’s end. The shift is all the more unusual as it is happening at a time of war, when central bankers are normally loth to supress economic activity.

We offer some suggestions

Existing measures of discomfort are failing to predict elections

Indicators of market volatility have plunged

Rich countries need not reinvent the wheel

America’s president-elect wants to reshape trade, capital and labour flows

We take a look at the leading contenders for the job

https://www.economist.com/finance-and-economics/2024/11/18/vladimir-putin-is-in-a-painful-economic-bind

A source: www.economist.com/finance-and-economics/2024/11/18/vladimir-putin-is-in-a-painful-economic-bind