Izvestiya of Saratov University.
ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)


Bank of Russia

Monetary policy transmission issues: Why changing the key interest rate doesn’t always curb inflation?

Introduction. The key rate is the main monetary policy instrument through which the central bank influences inflation. However, in practice, a situation is often observed when monetary policy tightening and a significant increase in the key rate do not lead to a rapid and adequate reduction in inflation. This fact indicates the presence of serious problems in the transmission mechanism, which requires an in-depth analysis of this phenomenon’s causes. Theoretical analysis.

Necessity of Bank Risks Monitoring and its Role for the National Economy Development

The article is devoted to the problems of the bank risks monitoring in conditions of the contemporary economic crisis. The author distinguishes the problem issues in the modern bank risks monitoring, she also explains the key direction in increasing its effectiveness. The article shows the necessity of working out and realization of the complex bank risks monitoring system. There is given the analysis of the role of bank risks monitoring in the work of commercial banks during 2008–2009.