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these two variables in Latin America. This distinction appears to be the key determinant of the differences in the overall effect on money creation. 14

The Bank of Russia’s pre-emptive key rate hikes in September and December 2018 helped to return keeps the key rate annualised monthly consumer price

household deposits* Доходность Corporate корпоративных bond облигаций (IFX-Cbonds) yield (IFX-Cbonds) Key rate ставка Ключевая Key rate ставка Ключевая CPI, % YoY инфляция г/г, % Фактическая CPI,

Price movements in this type of motor fuel are one of the key indicators on which households base their expectations (Table 2). The perception of

of Russia’s Annual Report highlights the results of the mega-regulator’s key activities, analyses the external and internal environment, and contains the Bank of

2018 Q1 2019 2019 2019 Q1 Output of goods and services by key industry 2.9 2.9 0.4 2.1 … … Industrial output 2.

October 2018 2018 Q3 November 2018 Output of goods and services by key industry 2.4 3.5 1.5 … Industrial output 2.1 3.

The issue highlights the Bank of Russia’s decision to keep the key rate unchanged at 7.75% p.a. and also information on the

of prospective development in the work of boards of directors as a key component in the corporate governance system. The Corporate Governance Code suggests that

1% more than in 2018 Q1. Overdue debt recovery measures remain a key problem in this segment, representing 52% of the total number of MFO-related