Russian Federation : Selected Issues Paper.

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 f...

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Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2011.
Edice:IMF Staff Country Reports; Country Report ; No. 2011/295
On-line přístup:Full text available on IMF
Popis
Shrnutí: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.
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ISSN:1934-7685
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