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2411
15.09.2017
4%, the Bank of Russia will continue to conduct moderately tight monetary policy.
During the next two quarters, the Bank of Russia deems it possible
2412
15.09.2017
neutral monetary policy. Our key principles and approaches to monetary policy for the next three years will be described in the Monetary Policy Guidelines we
2413
14.09.2017
systemic problem. However, we need to draw conclusions from this and amend policy so as to minimise the probability of such cases recurring in the
2414
08.09.2017
Press release
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The Bank of Russia pursues the policy of gradual reduction in credit institutions’ outstanding amounts under FX refinancing operations
2415
25.08.2017
GDP forecast with a component breakdown is due to be published in the September issue of the Monetary Policy Report.
Preview photo: Factory_Easy / shutterstock
fitted to data and used, for example, for
forecasting or analysing optimal policy rules. To work with the model and fit it to data, it
underlying inflation necessary (ideal) for monetary policy de-
cisions should help identify headline inflation shocks relevant for monetary policy (a change in
relative prices versus
burden measurement and benchmarking is a necessary condition for an ef-
ficient policy implementation by a central bank. This is conditioned by a number of
ac-
tivity. The latter task is of great importance for conducting macroeconomic policy as a whole. With
respect to the functions of the central bank,
the Bank of Russia switched to the policy of inflation targeting. The Bank of Russia
takes monetary policy decisions proceeding from an estimate of the