Keyword: «key rate»

The article discusses the regulation of credit relations by the government, changes in the discount rate of the Central Bank, as well as the level of operations in the open market and the variation in the norms of mandatory reserves for commercial banks in the country. Open market operations include the purchase and sale of certain types of securities by the Central Bank. There is a formation of a market interest rate on borrowed funds in the credit market. The decisions of creditors are directly proportional to the change in interest rates in the credit market. The very demand for a credit is already in inverse proportion to interest rates. Banks and the government can carry out regulation of interest rates. Financial institutions face various types of banking risks in their operations, which differ by various factors. Thus, the effectiveness of risk management is largely dependent on their classification. Risks in banking may lead to a loss of liquidity and lower profits, and therefore banks tend to anticipate risks and try to reduce them.

The article discusses the international and Russian experience in the use of inflation targeting. The inflation targeting policy is a set of measures, principles, and tools that the central bank operates with to promptly, timely and correctly respond to any changes in macroeconomics in order to adjust inflation to the previously established level. The dynamics of CPI and GDP per capita in some countries using inflation targeting before and after the introduction of the regime are presented. The measures taken by the Bank of Russia to introduce inflation targeting in the Russian Federation are indicated. Analyzed the first results. In conclusion, conclusions about the prospects of this type of monetary policy.

The relevance of the topic is due to the emergence of new problems and aspects of monetary policy because of the pandemic in Russia, in connection with which the inflation rate by years is presented, as well as three schemes of the economic situation development. The authors present yearly forecast for GDP and inflation and describe the impact of the coronavirus on monetary policy. The aim of the work is to analyze the problems of monetary policy during the coronavirus epidemic, to establish the reasons for the key rate cut. The study helped to identify the areas most affected by the coronavirus and note the government's measures taken to support citizens.

The article presents a brief description of the situation in the country's economy and in the world, and examines the development of banking operations and services over the past two years. The key indicators of 7 reliable banks, the volume of deposits and other funds of individuals and legal entities, interest rates for individuals and legal entities and inflation indicators, the volume of deposits by their structure and categories are briefly analyzed.

The article examines the problems that have arisen in the Russian economy since February 2022, the impact of unprecedented and massive sanctions (state, corporate and individual) on the economic situation and the standard of living of citizens. It shows what measures the leadership of our country should take in order to get out of this situation with minimal losses. Forecasts of possible developments are given.