Russian central bank cuts key rate by only 50 bps, raises oil price forecast on Iran war
By Elena Fabrichnaya and Gleb Bryanski MOSCOW, April 24 (Reuters) - The Russian central bank reduced its key rate by 50 basis points to 14.5% on Friday, as expected by analysts, despite pressure from businesses to cut faster to boost the economy, which contracted by 1.8% in the first two months of