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Money and Finance
Olga Kadreva

Olga Kadreva

Deputy Head of Division, Department of Banking Regulation and Analytics of the Bank of Russia

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Can We Presume That Inflation Expectations Are Anchored in Russia?
Opinions
Monetary Policy

Can We Presume That Inflation Expectations Are Anchored in Russia?

August 18, 2022 | Vadim Grishchenko, Olga Kadreva, Alexey Porshakov, Dmitry Chernyadyev

With inflation expectations anchored, price spikes do not spread between market segments, and inflation returns to the target level. We have assessed that the expectations of Russian economists have been anchored since 2017, while those of households have not yet been anchored.

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