UPDATE 1-Russian central bank cuts rate to 7.25%, says more cuts on way <!-- no image --> <div>The Russian central bank cut its key interest rate to 7.25% on Friday, as expected, and said more cuts were likely later this year amid slowing inflation.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=ah_IIpsE_bw:OgYulu_-DNM:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=ah_IIpsE_bw:OgYulu_-DNM:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=ah_IIpsE_bw:OgYulu_-DNM:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=ah_IIpsE_bw:OgYulu_-DNM:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=ah_IIpsE_bw:OgYulu_-DNM:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/ah_IIpsE_bw" height="1" width="1" alt=""></div> Posted by Reuters