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expectations are, having once grown, inflation expectations will resume to decline. This will ride on the performance of actual inflation. Inflation expectations tend to rise

inflation risks, inflation dynamics and economic developments against the forecast. In making its key rate decision, the Bank of Russia recognised the following factors. Inflation

expectations are, having once grown, inflation expectations will resume to decline. This will ride on the performance of actual inflation. Inflation expectations tend to rise

a formula with variables (except for interest rates and the rate of inflation). 13. To use the following types of credit ratings by JSC Expert

conduct operations with foreign currency. rate of a respective currency, interest rates, inflation rate, derivatives’ prices, official statistical information, physical, Individual Indicators Highlights biological and

crack down on inflation without damage to economic growth. Should inflation deviations occur, they should be limited and short-term. So ultimately inflation should come back

customers will have to further adjust to sustainably low inflation and positive real interest rates. Low inflation should result in higher competition among banks and

monetary policy Inflation and inflation expectations Decision (as of April 27, 2018) • Annual inflation remains low • Ruble weakening in April will quicken inflation movement to

from 10.9% to 17.0% per annum, with 3.3% annual inflation. The total NAV of UIFs for non-qualified investors in 2018 Q1 was

The publications should be educative and discuss one of the following: • Steering inflation through the key rate. • Banking system. • Banking services and instruments. • Fraud in