Translation. Region: Russian Federation –
Source: Central Bank of Russia
An important disclaimer is at the bottom of this article.
Can the economy overheat, who's really printing money, and how does the key rate affect the price of coffee—we'll discuss these topics in the "Central Bank Without Filters" podcast series.
This project involves students from various regions visiting the Bank of Russia to ask its staff the most unexpected and challenging questions. Is it true that grocery store prices are rising faster than official figures? Did we ever have a golden age of low inflation? Using simple examples from burgers to fries, Bank of Russia specialists discuss with students how the economy works.
In the first episode, Andrey Gangan, Director of the Monetary Policy Department, and Victoria Kindrat, a student at Moscow State University, examine why it's impossible to set the key rate at zero.
Listen to us onYandex Music, Sound, Mave.
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