Putin preps Russia for slow economy as it fights inflation

Russian President Putin acknowledges a slowdown in the economy, indicating a necessary adjustment to stabilize prices as inflation remains high. The IMF projects a GDP growth drop to 1.5% for 2025, reflecting concerns over economic conditions.

Putin emphasizes the importance of a “soft landing,” noting the necessity of controlling inflation. With inflation over 10%, he insists on achieving steady economic dynamics to support growth while addressing financial market fluctuations.