Some Russian elites criticize 18% interest rate proposal, stating it stifles lending and hampers business activity.
Influential figures like Rosneft CEO Igor Sechin and Russian parliament's Anatoly Aksakov express concern over current high interest rates.
Critics suggest Russia should consider China's recent interest rate cuts and aim for relatively cheaper credit to fuel the economy.
Russia's Center for Macroeconomic Analysis warns that high rates are imposing economic stagnation and pose substantial negative systemic risks.
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