Russia’s Economy Stalls Amid Dilemma | Business and Finance News

Russia’s economy is under strain, with Kremlin spokesperson Dmitry Peskov downplaying the severity while acknowledging the government is actively addressing issues. Despite official assurances of stability, a central bank survey reveals a sharp plunge in business confidence — the lowest since mid-last year — as companies brace for renewed inflation amid fuel shortages from targeted attacks on refineries. Experts warn this could trigger stagflation, forcing a painful policy dilemma: raise rates to curb inflation and risk crushing businesses, or cut rates to support growth and risk spiraling prices. No easy answers in sight. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/26087efb4fdbb39a