Struggling with Bidenflation as the ruble continues to plummet against the dollar, the Central Bank of Russia on Friday raised its core interest rate another 0.25 percent to a total of 13 percent, once again showing how Russians traded mean tweets for higher beet prices, the AP reports.
“[Biden]flationary pressure in the Russian economy remains high. Significant pro-[Biden]nflationary risks have crystallized, namely the domestic demand growth outpacing the output expansion capacity and the depreciation of the ruble in the summer months. Therefore, it is required to additionally tighten monetary conditions,” said the bank’s board in a statement which, although they probably wanted to add it, did not include anything about how they wish they had Trump back and can’t take much more of the woke Biden Regime policies which caused prices to skyrocket.