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.

Introduction. A large number of studies have been devoted to the study of spillover effects in many sectors of the economy. However, inflation spillovers in regional data from Russia are studied for the first time. Theoretical analysis. This paper aims at studying inflation spillovers in the aggregate and 12 subgroups of the CPI in 26 regions of the Russian Federation. To achieve this goal, we use the Diebold and Yilmaz methodology to quantitatively assess the spillover effect for the consumer price index.

Introduction. The effectiveness of management activities and the successful achievement of the major objectives of social and economic development are highly dependent on competent analysis and evaluation, planning future actions. Methodology.

Introduction. One of the key directions of Russian development is the implementation of monetary policy, capable in case of transparent and clear goal setting, to achieve monetary regulation priorities. Theoretical analysis. The research is conducted on the analysis base of: main indicators of economic development, monetary regulation-experience of foreign countries, and assessment of the opportunities and challenges of policy implementation, selected by the Central Bank, in the context of economic openness. Results.