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Russia takes the collected data into consideration when making
decisions on monetary policy to analyse and forecast inflation, identify the key
trends in economic development
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24.11.2023
In October this year, as the regulator tightened its monetary and macroprudential policies, growth in outstanding amounts on unsecured and consumer loans slowed down to
As forecast by the Bank of Russia, the current tightening of monetary policy will moderate the
excessive expansion of domestic demand and curb its inflationary
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22.11.2023
2022 No. 1 (37) • February 2022
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In the quarterly Monetary Policy Report, the Bank of Russia presents its view and assessment of the
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22.11.2023
reduce the key rate. Price stability remains an indisputable priority of monetary policy. All the same, during this period, the Bank of Russia is to
while remaining historically high.
MONETARY POLICY TRANSMISSION
The monetary policy transmission mechanism borrowers to provide high-quality collateral, and
(or monetary policy transmission) is a sequence
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20.11.2023
document until 3 December 2023.
The Bank of Russia develops its regulatory policy so that its rules have proven efficiency and relevance. The AIA makes
the Bank of Russia Monetary Policy
2. The Bank of Russia Balance Sheet.
INSTRUMENTS OF THE BANK OF RUSSIA MONETARY POLICY
Table 2.1
The
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fiscal policy which imply that it will be more expansionary. Accordingly, it should be offset by tighter monetary policy. In other words, monetary policy tightening
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7.5% as of the end of 2023. Given the current monetary policy stance, annual inflation will go down to 4.0–4.5% in