2022Economics Sociology LawOpen access

Inflation targeting policy as a monetary policy tool of the national bank

Victoria Mandron, Anna Dudina

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Abstract

Monetary policy, which is carried out by national banks, has a great impact on the state of the monetary sphere of the country and on the state and development of the national economy. This article analyzes the dynamics of inflation in Russia. The article considers the targeting of the inflation rate as the main instrument of the monetary policy of national banks, and also provides the conditions for targeting inflation. In addition, the paper provides monetary policy regimes.

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Monetary policy, which is carried out by national banks, has a great impact on the state of the monetary sphere of the country and on the state and development of the national economy. This article analyzes the dynamics of inflation in Russia. The article considers the targeting of the inflation rate as the main instrument of the monetary policy of national banks, and also provides the conditions for targeting inflation. In addition, the paper provides monetary policy regimes.

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Available abstract

Monetary policy, which is carried out by national banks, has a great impact on the state of the monetary sphere of the country and on the state and development of the national economy. This article analyzes the dynamics of inflation in Russia. The article considers the targeting of the inflation rate as the main instrument of the monetary policy of national banks, and also provides the conditions for targeting inflation. In addition, the paper provides monetary policy regimes.

Key concepts: Monetary policy, Inflation targeting, Economics, Inflation (cosmology), Monetary economics, National bank, Monetary hegemony, State (computer science)

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