Is the policy of the Central Bank of Russia in line with the changing structure of the economy?
Is the policy of the Central Bank of Russia in line with the changing structure of the economy?
![Соответствует ли политика Центрального банка России меняющейся структуре экономики?](https://cdn.hatamatata.com/pic/blog/3624/MfgBV7GUlSI92717Ux0UmbV7yN0RQoKou9PkA9Cx.webp)
The Central Bank of Russia decided to raise its key rate from 12% to 13% on September 15 this year. This decision and the reasons for it have revived the debate about the coordination of the central bank's monetary policy with economic growth in Russia.
The issues at stake are real, and raising the key rate again could significantly slow growth.
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