Abstract
Modern monetary policy of the Russian Federation, being a part of the national monetary policy, is aimed at stabilizing prices and inflation rate as the main reference point for creating a favorable background for the development of the domestic economy. At the same time, the measures of monetary regulation taken in the last two years cause a lot of disputes in the scientific community and in the business environment regarding their productivity. The article considers the economic aspects of modern monetary policy, analyzes Russia’s economic situation under sanctions pressure, assesses the Central Bank’s actions to reduce financial risks and their consequences in the short and long term. A special emphasis is made on the change of the key rate as the main instrument of influence on the containment of negative consequences. The forecast trends of the monetary policy are formulated.
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