Drop-In: Russia’s rising macro and market risks as war drags on

With no clear end to the fighting in sight, Russia’s war economy is under growing strain. Much tougher macro and market conditions loom following the recent period of overheating – but how bad could things get? What policy measures will be required by the government to keep the economy on track? And how much relief could an end to the conflict bring?

Liam Peach, recently named most accurate forecaster of the Russian economy by FocusEconomics, briefed our clients on the state of the Russian economy.