Search results

has already been achieved gives room for a cautious easing of monetary policy. Following the discussion, the Board of Directors decided to cut the key

divisions of the Bank of Russia regional branches jointly with the Monetary Policy Department. This issue was compiled by the Ural Main Branch of the

with overall uncertainty (World Uncertainty Index), economic policy uncertainty (Economic Policy Uncertainty Index), and trade policy uncertainty (Trade Policy Uncertainty Index). Source: IMF. Financial Stability

recognition in financial sector’ Consultation Papers 4 26.06.2025 Main macroprudential policy approaches Financial stability 5 13.05.2025 Climate Risk Management Approaches in

a gradual recovery in economic activity against the backdrop of easing monetary policy. Households’ outstanding mortgages were up by 1.4% in November, following a

forecast 4.0 % Inflation released on 24 October 2025, given the monetary policy stance, annual inflation will target decline to 4.0–5.0% in

by 2.5 percentage points against the backdrop of the tightening monetary policy measures implemented by the Bank of Russia throughout 2024. *Statistical Business Register

TRANSMISSION The monetary policy transmission mechanism (or monetary policy transmission) is a sequence of links in the economy through which monetary policy influences demand and,

rapid deceleration in inflation is driven by tight monetary policy. Hence, we believe that the policy is working, and growth of credit is moving into

announced parameters of fiscal policy. In the mid-term horizon, fiscal policy will help slow down inflation. Changes in the fiscal policy parameters may require an