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2020, the slump in the global and Russian economies induced by the coronavirus pandemic entailed risks of an inflation deviation downwards from the target over

the Bank of Russia, including those introduced in the wake of the coronavirus infection. Due Table 2.8 to changes in external economic conditions, the

the anti-pandemic measures in- troduced and mass vaccination prevented a resurgence in coronavirus cases. In these conditions, such objectives as a reduction in inflation, protection

Table 2.8 Russia, including those introduced in the wake of the coronavirus Interest Rates on the Bank of Russia’s Special infection. Due to

in response to major negative shocks in the economy, such as the coronavirus pandemic in 2020. Specifically, even at the beginning of the pandemic (Slater,

sufficient level, as the economy was still suffering from the consequences of coronavirus pandemic. The Chinese stock market co-moved with the global indices and decreased

the measures implemented to support households amid the spread of the novel coronavirus infection. Prices for the majority of services with mostly market-based pricing continued

Table 2.8 Russia, including those introduced in the wake of the coronavirus Interest Rates on the Bank of Russia’s Special infection. Due to

current environment as economies are still reeling from the impacts of the coronavirus pandemic. Thus, the Bank of Japan continues to pursue its ultra-soft monetary

the key rate. Russia, including those introduced in the wake of the coronavirus infection. Due to changes in external economic conditions, the Bank of Russia