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combining machine learning models is in most cases preferable to any one. Key words: monetary policy, machine learning, gradient boosting, elastic net, time series forecasting.

the decision to keep the key rate at 20% per annum. At the end of February, we raised the key rate primarily to counteract financial

keeps the key rate at 20% p.a. On 18 March 2022, the Bank of Russia Board of Directors decided to keep the key rate

as other credits in Russian rubles. The Bank of Russia key rate (hereinafter, the key rate) is Securities — the Bank of Russia’s investment in

manage their liquidity and maintain overnight money market rates close to the key rate, the Bank of Russia will continue to hold fine-tuning auctions daily

days 0.00 basis6 (key rate) (key rate) (key rate) (key rate) (key rate) (key rate) (key rate) (key rate) (key rate) Open market From

their own liquidity and maintain overnight money market rates close to the key rate, on 6, 7 and 8 March 2022, the Bank of Russia

the views of the Bank of Russia. 1 Introduction One of the key features of the international monetary system is the dominant status of the

Consumer Sentiment 5 No. 12 (62) February 2022 COMPANIES’ PRICE EXPECTATIONS, BY KEY INDUSTRY Chart 9 CHANGES IN COMPANIES’ PRICES (MARKIT PMI) Chart 10 (BANK

create the Bank of Russia Statistics Portal. Since 2020, one of the key activities of the Department is providing the methodological support to the administration