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Russia in recession in 2015, ruble to stay pressured: Reuters poll

A man stands next to a building under a board showing currency exchange rates in MoscowBy Kira Zavyalova and Lidia Kelly MOSCOW (Reuters) - The Russian economy will slide next year into its first recession since the global financial crisis and inflation will be close to double digits, economists forecast in a Reuters poll, as the oil price crash and Western sanctions bite. According to the median of 11 economists' predictions, gross domestic product will fall 3.6 percent in 2015. After growth of just 0.5 percent this year, the recession will challenge President Vladimir Putin's promise last week that Russia can eventually recover from what he called "tough times". ...


Today's Rates*

TermRateAPR
30 Yr Fxd3.875%4.103%
15 Yr Fxd3.125%3.524%
5 Yr ARM3.125%3.209%
*=This is only an estimate, provided for illustrative purposes only. Actual rates and payments may vary. It does not constitute a quote.

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