VTB Capital took part in the Gaidar Forum 2015: “Russia and the World: looking to the future”. The Forum was held between 13-15 January in Moscow.
, Head of Macro Research at VTB Capital, attended the panel discussion “Inflation targeting in crisis conditions”.
During the discussion, Grishin claimed that in order to improve the Bank of Russia’s communications approach, forecasts should be accompanied by some indication of key rate dynamics within the respective scenarios considered by the regulator. According to Mr Grishin, this measure, given the asymmetry of how interest rate risks are distributed throughout the Russian economy, could lead to reduced uncertainty in the banking sector, and enhance the availability of loans provided by banks.
The Gaidar Forum provides a regular platform for discussion of global economic issues. The Forum has been held since 2010 in memory of Egor Gaidar, an academic scientist and leading proponent of Russian economic reforms in the early 1990s.
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