IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/508.html
   My bibliography  Save this article

Inflation And Monetary Policy In March 2015

Author

Listed:
  • Alexandra Bozhechkova

    (Gaidar Institute for Economic Policy)

Abstract

Due to a shift in the balance of risks towards a more signifi cant cooling of the economy, at the Bank of Russia Board of Directors’ meeting on 13 March 2015 it was decided that the key interest rate should be reduced by 1 p.p. – to 14% per annum. In March 2015, the Consumer Price Index’s growth amounted to 1.2% (vs. 1.0% in March 2014), which is 1 p.p. below its value recorded in February 2015. As a result, the inflation index increased in March 2015 on March 2014 by 16.9%. Over the fi rst 20 days of April 2015, the Consumer Price Index’s growth amounted to 0.5%.

Suggested Citation

  • Alexandra Bozhechkova, 2015. "Inflation And Monetary Policy In March 2015," Russian Economic Development, Gaidar Institute for Economic Policy, issue 5, pages 2-6, May.
    • Handle: RePEc:gai:recdev:508
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/508Bozhechkova.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    INFLATION AND MONETARY POLICY;

    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:recdev:508. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Olga Beloborodova (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.