The Bank of Russia Interest-rate Policy in Terms of Balance Accounts Recession
The paper shows that the Bank of Russia current interest rate policy is not efficient in conditions of balance accounts recession. Inflation slowing in 2016-2017 is not driving by the Bank of Russia monetary impact measures, but by such factors as speculative capitals inflows, and pressed by it rubl...
Main Authors: | , |
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Format: | Article |
Language: | Russian |
Published: |
Government of the Russian Federation, Financial University
2018-04-01
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Series: | Мир новой экономики |
Subjects: | |
Online Access: | https://wne.fa.ru/jour/article/view/156 |