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Bank of Russia analyzed the BRICS experience

Has the  in developing finance and the taiwan telegram data economy? In turn, have the BRICS countries turned to you for experience in overcoming the crisis and fighting inflation?

We are constantly studying international experience, including BRICS, in various aspects. Both in monetary policy — and four out of five “old” BRICS countries (Brazil, India, Russia, South Africa — ed.) adhere to the inflation targeting policy, and in financial technologies — India, Brazil, China are advanced in them. For example, we are interested in the experience of the digital yuan.

Other countries are also looking at

our experience in monetary policy, anti-crisis regulation, and financial technologies. Therefore, in my opinion, the initiative to exchange experience on the educational platform that we will offer may be in demand and interesting.

Analysts expect that most BRICS countries will soon begin to ease monetary policy. Will you join the general trend?

If you look at our baseline forecast

we see room for a rate cut this year, most likely in to increase your sales with automated email followup the second half of the year. When exactly that happens will depend on the data that comes in. We need to make sure that the downward trend in inflation is sustainable.

Can we say that the Bank of Russia has agb directory already managed to curb inflation?

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