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should slow somewhat below 4% in annualised terms. This requires tight monetary policy to be maintained. Meanwhile, real-time data for January–February suggest that consumer

also purchased a motor hull insurance policy. A year ago, the ratio between the number of voluntary and mandatory policies was one to eight. The

SHEET. Instruments of the Bank of Russia Monetary Policy 2. The Bank of Russia Balance Sheet. MONETARY POLICY INSTRUMENTS Table 2.1 The Bank of

congress’s business programme will be devoted to the economy and monetary policy, the financial market and protection of consumer rights, the development of financial

of 2017–2019. More details are available in the information and analytical commentary Monetary Conditions and Monetary Policy Transmission Mechanism. Preview photo: Dokurose / Shutterstock / Fotodom

of workers. • Fiscal policy. The fiscal assumptions in the baseline scenario rely on the Guidelines for Fiscal, Tax, and Customs and Tariff Policy for 2024

factor for monetary policy is the parameters of the medium-term budget stipulated within the budgeting process. Besides, many participants noted that fiscal policy decisions remained

factor for monetary policy is the parameters of the medium-term budget stipulated within the budgeting process. Besides, many participants noted that fiscal policy decisions remained

economics from the Higher School of Economics, majoring in macroeconomics and macroeconomic policy. Career 2006–2011: assistant at the research laboratory for macroeconomic analysis, macroeconomic

Department prepares proposals regarding the development of the Bank of Russia’s policy for financing sustainable development and promoting the ESG transformation of businesses. Additionally,