Features of modern monetary policy of the bank of Russia

By the analysis of offi documents of the Bank of Russia, the features of modern monetary policy have been determined. It has been shown that in the context of a controversial decision on the Bank of Russia refusing to conduct currency interventions during the transition to the inflation targeting mo...

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Main Author: A. V. Berdyshev
Format: Article
Language:English
Published: Publishing House of the State University of Management 2019-04-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/1308
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author A. V. Berdyshev
author_facet A. V. Berdyshev
author_sort A. V. Berdyshev
collection DOAJ
description By the analysis of offi documents of the Bank of Russia, the features of modern monetary policy have been determined. It has been shown that in the context of a controversial decision on the Bank of Russia refusing to conduct currency interventions during the transition to the inflation targeting mode, as well as its focus on price stability, the monetary policy can`t be recognized as eff ctive because of its insubordination the goal to develop national production through increased lending to the real sector.
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spelling doaj.art-71aa80d200494926a3b2529c57b4d4462024-03-26T14:22:58ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152019-04-010211311710.26425/1816-4277-2019-2-113-1171291Features of modern monetary policy of the bank of RussiaA. V. Berdyshev0Financial University under the Government of the Russian FederationBy the analysis of offi documents of the Bank of Russia, the features of modern monetary policy have been determined. It has been shown that in the context of a controversial decision on the Bank of Russia refusing to conduct currency interventions during the transition to the inflation targeting mode, as well as its focus on price stability, the monetary policy can`t be recognized as eff ctive because of its insubordination the goal to develop national production through increased lending to the real sector.https://vestnik.guu.ru/jour/article/view/1308monetary policyeconomic growthinflation targetingexchange ratekey rateinflationbank of russia
spellingShingle A. V. Berdyshev
Features of modern monetary policy of the bank of Russia
Вестник университета
monetary policy
economic growth
inflation targeting
exchange rate
key rate
inflation
bank of russia
title Features of modern monetary policy of the bank of Russia
title_full Features of modern monetary policy of the bank of Russia
title_fullStr Features of modern monetary policy of the bank of Russia
title_full_unstemmed Features of modern monetary policy of the bank of Russia
title_short Features of modern monetary policy of the bank of Russia
title_sort features of modern monetary policy of the bank of russia
topic monetary policy
economic growth
inflation targeting
exchange rate
key rate
inflation
bank of russia
url https://vestnik.guu.ru/jour/article/view/1308
work_keys_str_mv AT avberdyshev featuresofmodernmonetarypolicyofthebankofrussia