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Features of modern monetary policy of the bank of Russia

https://doi.org/10.26425/1816-4277-2019-2-113-117

Abstract

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.

About the Author

A. V. Berdyshev
Financial University under the Government of the Russian Federation
Russian Federation

Berdyshev Aleksandr – Candidate of Economic Sciences

Moscow



References

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Review

For citations:


Berdyshev A.V. Features of modern monetary policy of the bank of Russia. Vestnik Universiteta. 2019;(2):113-117. (In Russ.) https://doi.org/10.26425/1816-4277-2019-2-113-117

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ISSN 1816-4277 (Print)
ISSN 2686-8415 (Online)