Russian Federation: Selected Issues Paper

September 27, 2011

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Format: Chicago

Russian Federation: Selected Issues Paper, (USA: International Monetary Fund, 2011) accessed December 22, 2024

Summary

This note focuses on Russia's monetary policy, which is moving toward low and stable inflation. This paper discusses two analytical measures to analyze the monetary policy—core inflation measure and a group of leading indicators model (LIM). The trimmed mean core inflation is a good indicator for analyzing trend inflation and can be used as a viable target for monetary policy. LIMs are widely used for inflation forecasting and are also useful in detecting turning points in inflation.

Subject: Central banks, Commodities, Fiscal policy, Inflation, Oil, Oil prices, Prices, Reserve assets

Keywords: Africa, Core inflation, Core inflation measure, CR, FCI weight, Global, Government, Government debt-to-GDP ratio, Inflation, ISCR, Monetary policy, Oil, Oil price, Oil prices, Price, Refinancing rate, Reserve assets

Publication Details

Pages:

90
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/295
Stock No:

1RUSEA2011004
ISBN:

9781463904845
ISSN:

1934-7685

Notes

Also available in Russian

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