Russia's central bank boss has issued a warning that the country's wartime economy is at risk of overheating

• Russian central bank governor Elvira Nabiullina warned the country's economy is at risk of overheating.
• The Bank of Russia hiked its key interest rate from 15% to 16% last Friday to cool inflation.
• Russian President Putin has apologized for the prices of eggs that have risen 40% this year.

Russia's sanctions-hit economy has appeared unusually resilient nearly 22 months into its war with Ukraine — but it may just be running too hot.

In fact, Russia's economy runs the risk of overheating, warned Elvira Nabiullina, the country's central bank governor, as she hiked the country's key interest rate to 16% last Friday, according to an official transcript.