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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

fiscal policy. Its normalisation in 2025 will have a disinflationary effect. Changes in the fiscal policy parameters may require an adjustment in the monetary policy

once again that macroprudential policy is different from monetary policy. We do not implement macroprudential policy to support or replace monetary policy, as it is

fiscal policy. Its normalisation in 2025 will have a disinflationary effect. Changes in the fiscal policy parameters may require an adjustment in the monetary policy

among other things, the impact of the foreign exchange channel of monetary policy in terms of the pass-through effect of a stronger ruble. Further evidence

indreg.pdf, open access, accessed on April 10, 2024. BoE (2024). Monetary policy summary, March 2024. https://www.bankofengland.co.uk/ monetary-policy-summary-and-minutes/2024/march-2024, open

market rigidity. This will enrich the information set considered when making monetary policy decisions. Full text of the research Department responsible for publication: Research and

of Russia Monetary Policy Bank of Russia Statistical Bulletin No. 6 (385) 51 2. THE BANK OF RUSSIA BALANCE SHEET. MONETARY POLICY INSTRUMENTS Table 2.

a description of the company’s development strategy, details of its dividend policy, and other key information. As for the securities prospectus, it will include

are available in the Bank of Russia’s information and analytical commentary Monetary Conditions and Monetary Policy Transmission Mechanism. Preview photo: zhu difeng / Shutterstock / Fotodom