Russian stock market continues to trend upwards in April
Nominal and real interest rates continued to increase. Indicators of inflation expectations changed diversely.
The overall lending activity remains high, but heterogeneous across segments. Annual growth of monetary aggregates accelerated in April owing to the rescheduling of payments of some taxes for early May. Even adjusted for this factor, such growth remains above the values of 2017–2019.
More details are available in the information and analytical commentary Monetary Conditions and Monetary Policy Transmission Mechanism.
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