economy

February 14, 2026

Monetary policy toughness creates conditions for inflation return to target

Governor of the Bank of Russia Elvira Nabiullina said the peak of inflation was in December 2024 and in January 2026

Monetary policy toughness creates conditions for inflation return to target

TL;DR

  • Tough monetary policy is creating conditions for inflation to return to the 4% target.
  • The peak of inflation pressure was in January.
  • The peak of stable inflation was in December 2024.
  • Inflation expectations will be closely monitored.

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