Published on: 2026-09-01
Source: Central Bank of Russia – Central Bank of Russia –
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At document The Bank of Russia explains the purpose and main principles of monetary policy. In addition to what was published in July to the baseline scenario For the development of the economy over the next 3 years, the project presents 3 alternative scenarios – disinflationary, pro-inflationary, and risk-based.
The scenarios differ based on assumptions about internal and external conditions. They take into account both emerging trends and potential risks, allowing the Bank of Russia to be prepared for various possible developments.
In all scenarios, monetary policy is aimed at bringing annual inflation back to 4%. To achieve this goal, the Bank of Russia will take the necessary measures, taking into account the current state of the economy, price dynamics, and the situation in the financial markets.
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