the Bank of Russia acts as if it had two conflicting targets: inflation stabilization and low real exchange rate, or … for forecasting the medium run dynamics of inflation and nominal exchange rate. It is also shown that commonly used … quadratic loss function that models inflation and real sector stabilization is not relevant in depicting the Bank’s behavior. …

macroeconomic situation and formed main risks for the Russian economy in early 2015: sharp growth of inflation and a threat of the …

English Abstract: Reduction of the key rate by the bank of Russia looks premature and brings risks of further inflation … spiral and instability on the currency market. As a result of the record inflation rate in January 2015 which reached 3.9% in …

English Abstract: In February 2015, inflation demonstrated slowdown (2.2% against 3.9% in January). From 25 February to …

stabilization in Russia, first of all, about ruble stabilization and inflation rate. Most likely, impact of direct consequences of …