Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that "inflation has really subsided markedly over the past few months. The outcome of this policy has been a marked cooling of domestic demand, with the welcome side effect of rapid disinflation.

The Kremlin ruled out a meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky before achieving major progress on a peace deal, raising doubt on ending the war before President Trump’s proposed 50-day deadline.