Monetary policy

Pavel Trunin and Alexandra Bozheckkova
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Alexandra Bozheckkova: Gaidar Institute for Economic Policy

Published Papers from Gaidar Institute for Economic Policy

Abstract: In 2024, monetary policy of the Bank of Russia was performed amid rapid increase in aggregate demand compared to the supply expansion opportunities, accompanied by a significant growth in consumer prices and inflation expectations. In such circumstances, the CBR pursued a tight monetary policy aimed at achieving price stability.

Keywords: Russian economy; monetary policy; money market; exchange rate; inflation; balance of payments; fiscal policy (search for similar items in EconPapers)
JEL-codes: E31 E43 E44 E51 E52 E58 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2025, Revised 2025
New Economics Papers: this item is included in nep-mac and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:gai:ppaper:ppaper-2025-1404

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