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Rates, Risks And М2: Factors Affecting The Rate Of Inflation

Author

Listed:
  • Bozhechkova Alexandra

    (Gaidar Institute for Economic Policy)

  • Trunin Pavel

    (Gaidar Institute for Economic Policy)

Abstract

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 reducti on of the rate of inflation.

Suggested Citation

  • Bozhechkova Alexandra & Trunin Pavel, 2016. "Rates, Risks And М2: Factors Affecting The Rate Of Inflation," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 9-11, October.
    • Handle: RePEc:gai:recdev:recdev-2016-10-750
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    File URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-10-750.pdf
    File Function: Revised version, 2016
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    More about this item

    Keywords

    INFLATION AND MONETARY POLICY; Russian Economy;

    JEL classification:

    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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