The Duran Podcast Russia interest rate cut. Fed interest rate cut
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Sep 20, 2025 Discover the insights into Russia's recent interest rate cut and its aim to stabilize the economy without overheating. The discussion evaluates inflation trends and the cautious approach of Nebulina under Putin's support. Transitioning to the US, the podcast examines the Federal Reserve's half-point cut amidst political pressures and what it means for growth. Comparisons are drawn between economic trajectories in the US, Europe, and Britain, offering a comprehensive view of future financial landscapes.
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Gradual Rate Cuts To Protect Disinflation
- Elvira Nabiullina cut Russia's key rate gradually, lowering it from 21% to 17% with a 1% cut this time.
- She prioritizes steady disinflation to avoid overheating and preserve prospects of reaching 4% next year.
Inflation Headline Versus Underlying Trend
- Nabiullina reports underlying daily price growth at about 4% while annual inflation remains above 8% due to earlier spikes.
- She expects year-end inflation closer to 6% and plans steady cuts to avoid triggering renewed price rises.
Russia's Economy Not In Tatters
- The Russian economy is stable despite war, avoiding recession and seeing business credit increase.
- Military spending likely fell and the budget deficit is under 2% of GDP, contradicting Western 'tatters' narratives.