Abstract

The state monetary policy is of direct importance in the management of the economic sphere of the state, both at the national and global levels of the economy. In this connection, the promising directions for the development of its tools are of particular scientific and practical interest, which determines the relevance of the research topic.The paper clarifies the goals and objectives of monetary policy in the context of the theoretical aspects of domestic and foreign authors.A comparative analysis of the advantages and disadvantages of the most commonly used monetary policy instruments in Russian practice carried out.The key rate of the Bank of Russia and inflation in comparable dynamics (2018 — May 2022), and Russia’s monetary indicators (2017-2021) are analyzed.In the conclusion of the study, author proposes assumptions concerning different approaches to the development of the tools of the state monetary policy.

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