Search results
2526 documents found
Securities are the Bank of Russia’s investments in the achieving the inflation target. The key rate is set by the Bank
debt securities of
MB MB n MB
MBs’ percentage in inflation % 2020 100 33 11 12 15 13 11 5
Inflation % YoY Dec20 4.9 4.7 4.
actual / estimate) 2021 2022 2023
Inflation, as % in December year-on-year 4,9 3,7-4,2 4,0 4,0
Inflation, average for the year, as
1514
12.02.2021
second factor is inflation. Annual inflation sped up to 5.2% in January, exceeding the Bank of Russia’s target. This elevated inflation rate largely
1515
12.02.2021
has increased its 2021 inflation forecast to 3.7–4.2%. Moving forward, given the current monetary policy stance, annual inflation will stay close to
Instruments are Inflation 4.3% Inflation 3.0% Inflation 4.9%
Inflation targeting is “Floating rate and
represented as a developed, the inflation targeting by
1517
01.02.2021
but also longer-lasting proinflationary factors. According to the authors of the bulletin, inflation will start to slow down in March, as the effect of a
forecast.
for December 2020). This forecast factors in Key rate expectations. As inflation
the assumption that cash will gradually return accelerated, the Bank of Russia
of the design of RUONIA, the
of the economic realities of the inflation targeting, and for market participants, which could use it in analysis calculation
MB MB n MB
MBs’ percentage in inflation % 2020 100 33 11 12 15 13 11 5
Inflation % YoY Nov20 4.4 4.2 4.