The Bank of England made its bet // The British regulator supported the trend towards tightening monetary policy

The Bank of England on Thursday, following the US Federal Reserve System and the European Central Bank, decisively raised the interest rate – by 50 basis points at once, to 1.75% per annum. This was the most significant increase in the indicator over the past 27 years. In this way, the regulator is trying to … Read more

House managers say goodbye, but do not leave // ​​The State Duma is looking for a solution to the problem of serial bankruptcies in housing and communal services

A draft law has been submitted to the State Duma to include in the register of disqualified persons not only managers, but also owners of management companies in housing and communal services, whose licenses have been cancelled. The authorities intend in this way to solve the problem of serial bankruptcies in the utility industry, when … Read more

The Central Bank stepped over analysts // The key rate was reduced from 9.5% to 8%

On July 22, the Central Bank (CB) refuted analysts’ forecasts and lowered the key rate much more decisively than they expected: by 1.5 percentage points at once, from 9.5% to 8% per annum. Thus, the regulator reacted to the significant strengthening of the ruble and the decline in annual inflation. A significant reduction in the … Read more

Rates on ruble deposits returned to the level of the first half of February // Infographics

The average maximum interest rate on ruble deposits in the ten largest banks of the Russian Federation, attracting the largest volume of deposits, decreased from 9.09% in the first ten days of June to 8.14% in the second, according to the materials of the Central Bank. Thus, it returned to the level of the first … Read more

Ecological investments calculated in order // Monitoring of “green” transformation

The scale of the use of digital technologies by industrial enterprises in Russia to improve environmental and resource efficiency remained relatively small in 2019–2021, although certain areas of “green” development showed a noticeable increase during this time, according to a review by the Center for Market Research of the Institute for Statistical Research and Economics … Read more

Fed accelerates pace // Key rate rises at a record pace

The Open Market Committee of the Federal Reserve System (FRS) of the United States, following the results of the June meeting, announced an increase in the rate by 0.75 percentage points at once, to a range of 1.5-1.75%. The regulator explained such a sharp increase by maintaining high inflation in the US against the backdrop … Read more

Reduce to single digits // Falling inflation with a strong ruble and a reduction in income turned out to be not affordable for everyone

The Bank of Russia lowered the key rate to the pre-war level – to 9.5%. At the same time, the government canceled the mandatory sale of foreign exchange earnings by exporters, introduced on February 28. Without taking into account sanctions restrictions, the operation of financial markets within the Russian Federation is now freer than at … Read more