164 Ukrainian Drones Destroyed Overnight in 11 Russian Regions
02 November 09:00
© Кремль, архив
Among the reasons is the unjustified increase in demand. What affects the monetary policy of the Central Bank, the head of the regulator Elvira Nabiullina reported, speaking at the State Duma.
"Demand is accelerating, but supply will not catch up. We must be prepared for all scenarios. If now, in conditions of relatively high inflation, it drops to 3-4%, some believe that this will greatly help economic growth. We will prepare this analysis only to show what the path to hyperinflation looks like. For many, this situation is familiar not just by hearsay; we experienced it in the 90s. And the monetary policy that we are conducting is aimed precisely at not ending up there," Nabiullina stated.