Monetary conditions tighten in September
9 October 2024
News
Nominal and real interest rates increased in most financial market segments. Inflation expectations of households and businesses lowered but still remain at historically elevated levels.
The rise in interest rates and macroprudential measures are constraining the growth in household lending, while high deposit rates are supporting household demand for ruble deposits.
More details are available in the information and analytical commentary Monetary Conditions and Monetary Policy Transmission Mechanism.
Preview photo: Steve Heap / Shutterstock / Fotodom