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by increasing the key rate. Do you agree with this? ELVIRA NABIULLINA: Firstly, we are currently pursuing accommodative monetary policy. The key rate is indeed

the key rate at 4.25% p.a. On 18 September 2020, the Bank of Russia Board of Directors decided to keep the key rate

key rate, this put downward pressure on interest Key rate expectations. Market participants’ rates. However, there was no key rate revision expectations regarding the key

prevention measures from the funds constituting The Bank of Russia key rate (hereinafter, the key rate) is the Banking Sector Consolidation Fund, as well as

2021. After that, inflation will stay close to the target of 4%. KEY INFLATION INDICATORS Table 1 March 2020 April 2020 May 2020 June 2020

offices and on ‘product passport’ websites, market players are expected to disclose key information documents with simple and clear descriptions of product specifics and risks.

Gatti and Grazzini (2018), Lux (2018) among others. Posterior distribution plays a key role in Bayesian inference, but unfortunately in most cases it is not

from the key rate cuts in 2019. Let me remind you that, since the beginning of the year, the decrease in the key rate totalled

stay close to 4% later on. “…In its key rate decision-making, the Bank of Russia will take Key rate, % per annum Inflation, % YoY into account

Bank of Russia Board of Directors key rate meetings in 2021 10 September 2020 Press release Share VKontakte WhatsApp Telegram In 2021, the Bank of