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High Impact

Kremlin Cuts 2026 Russian Growth Forecast; Putin Engaged

📅
🏷Markets
📰via FS
✍️Edited by Luís Barata

The Kremlin announced a significant downgrade to its 2026 growth forecast for Russia, indicating that President Putin is closely involved in addressing economic challenges. This downgrade reflects concerns over domestic economic performance and may impact investor sentiment, influencing capital flows away from Russian assets. The Russian ruble and equities, particularly in sectors reliant on growth, are likely to be most exposed to these developments due to heightened uncertainty. Traders will be particularly attentive to upcoming economic data releases, including GDP growth figures, which could further clarify the trajectory of the Russian economy and influence market reactions.

Source: Originally reported by FS at May 12, 2026. Summary and market context by Trading News Terminal editorial.

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