Rates, Risks and М2: Factors Affecting the Rate of Inflation
Russian Economic Developments. Moscow, No. 10, pp. 9-11, 2016
3 Pages Posted: 22 Oct 2016
Date Written: October 20, 2016
In September, the Central Bank of Russia made a decision to cut the key rate by 0.5 p.p. to 10%. The intention of the Central Bank of Russia to stick to a moderately tough monetary policy is justiﬁed by the need to consolidate the trend towards sustained reduction of the rate of inﬂation.
Keywords: Inflation and monetary policy, Russian Economy, key rate
JEL Classification: P24, E52
Suggested Citation: Suggested Citation