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ahead expected inflation (year-on-year headline CPI).
Source: Borio et al (2017).
Restricted 13
III – Adjusting MP frameworks
Why respond?
Weaker link of MP with inflation
1) (2) (3) (4)
VARIABLES Quarterly Quarterly Quarterly Monthly
Expected inflation 1.13*** 1.07*** 1.02*** 0.93***
(0.07) (0.07) (0.06
0
No.4892 U when making a decision on
25-30 1.3 1.3 1.3 1.8 1.9 2.0 2.2 granting
8 2.7 1.3 to previous periods, the group of regions with
79(81) Smolensk Region 6.2 1.3 1.3 low price
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20.03.2020
Russia Board decision and the medium-term forecast are to be published at 13:30 Moscow time.
The reference to the Press Service is mandatory if
4146
19.03.2020
Bank (PJSC)
1000
11.
PJSC Plus Bank
1189
12.
JSC ALFA-BANK
1326
13.
Vozrozhdenie Bank (PJSC)
1439
14.
PJSC JSCB Sviaz-Bank
1470
15.
PJSC Sberbank
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19.03.2020
of Russia Order No. 7, dated 10 January 2020;
No. OD-431, dated 13 March 2020, on amending the Appendix to Bank of Russia Order No.
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19.03.2020
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13.03.2020
cut the amount of target FX interventions step by step. Effective from 13 January 2014, the said amount was equal to $0 per day.
An
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13.03.2020
Bank of Russia commentary on liquidity provision operations
13 March 2020
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The Bank of Russia considers the current liquidity position