Bank of Russia submits updated draft Monetary Policy Guidelines for 2023–2025 to State Duma
29 September 2022
News
In this strategic document, the Bank of Russia explains its approaches to the implementation of monetary policy in the new economic environment and presents the baseline and alternative scenarios of economic development during the next three years.
Earlier, the document was submitted for consideration to the President and the Government of the Russian Federation.
The updated draft takes into account the Bank of Russia’s decision on the key rate made on 16 September, a decrease in the inflation forecast for this year, budget projections approved by the Russian Government on 22 September, as well as statistics and other data released over the period from 22 July to 19 September 2022.