A series of master classes on the monetary policy of the Bank of Russia

Maintaining price stability and consistently low inflation is one of the key tasks of the Bank of Russia. They are an important element of a favorable environment for people to live and do business, as they protect income and savings in the national currency from unpredictable depreciation. This allows you to maintain a standard of living, as well as more confidently plan daily and long-term expenses, protecting citizens with a low level of income.

As part of a series of seminars by the Central Bank of the Russian Federation for representatives of the educational community, Alexander Gladilin, Chief Economist of the Economic Department of the Stavropol Territory Branch of the Southern GU of the Bank of Russia, conducted a series of master classes on the monetary policy of the Bank of Russia.

The organizers from the Stavropol State Agrarian University were teachers of the department "Finance, Credit and Insurance Business". Students of accounting and financial faculty took part in the events.

The main purpose of the events is to review the key parameters of the monetary policy of the Bank of Russia, analyze the practice of using specialized refinancing instruments, and disclose issues related to the performance by the Bank of Russia of the function of a lender of last resort.

During the master classes, students were able to:

- find out what welfare depends on and whose decisions affect economic growth;

- understand how the decision on the key rate affects inflation and why the Bank of Russia lowers the key rate;

- to understand why inflation is such now, and to find out what it is expected to be in the future.

The representative of the Bank of Russia not only covered in detail the impact of sanctions on the financial situation of Russians, but also told the students about the professional prospects for a young specialist in the Bank of Russia, the opportunities for internships and internships.

The events were held on the basis of the Business School "ABC of Money" of the youth technopark "SmartAgro". 

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