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in any publications as the Bank of Russia’s official position, official policy, or
decisions. Any errors in this document are the responsibility of the
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ruble deposits.
More details are available in the information and analytical commentary Monetary Conditions and Monetary Policy Transmission Mechanism.
Preview photo: Steve Heap / Shutterstock / Fotodom
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horizon. In the near future, standard policies to encourage savings may become less effective, while the design of monetary policy may have to deal with
the Monetary Policy Department, the Research
and Forecasting Department, and a number of other Bank of Russia
Departments and Main Branches.
The Monetary Policy Department
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the Monetary Policy Department, the Research and Forecasting Department, and a number of other Bank of Russia Departments and Main Branches.
The Monetary Policy Department
policy. BIS Quar-
terly Review.
21. De Luigi C., Feldkircher M., Poyntner P., Schuberth H. (2019) Effects of the ECB’s Uncon-
ventional Monetary Policy
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02.10.2024
s Monetary Policy Department.
2018–2024: Deputy Director — Division Head, Deputy Director, First Deputy Director of the Bank of Russia’s Monetary Policy Department.
From
policy is aimed
at ensuring the process of disinflation, reducing inflation expectations and returning inflation to the
target in 2025. Given the current monetary policy
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27.09.2024
Price growth rates in Russian regions differ, which may undermine efficient monetary policy. However, the analysis of food inflation in Russian regions evidences the convergence
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slowdown in other segments — this is how it should be when monetary policy is tight.
The expansion in mortgage lending has decelerated notably as well.