Template-Type: ReDIF-Article 1.0 Author-Name: Pavel Trunin Author-Name-First: Pavel Author-Name-Last: Trunin Author-Workplace-Name: RANEPA Author-Name: Natalia Shagaida Author-Name-First: Natalia Author-Name-Last: Shagaida Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Sergey Tsukhlo Author-Name-First: Sergey Author-Name-Last: Tsukhlo Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Alexander Abramov Author-Name-First: Alexander Author-Name-Last: Abramov Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Mikhail Khromov Author-Name-First: Mikhail Author-Name-Last: Khromov Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Georgy Idrisov Author-Name-First: Georgy Author-Name-Last: Idrisov Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Maria Kazakova Author-Name-First: Maria Author-Name-Last: Kazakova Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Dmitry Gordeev Author-Name-First: Dmitry Author-Name-Last: Gordeev Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Andrey Kaukin Author-Name-First: Andrey Author-Name-Last: Kaukin Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Yuri Ponomarev Author-Name-First: Yuri Author-Name-Last: Ponomarev Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Sergey Sudakov Author-Name-First: Sergey Author-Name-Last: Sudakov Author-Workplace-Name: RANEPA Author-Name: Eugenya Filicheva Author-Name-First: Eugenya Author-Name-Last: Filicheva Author-Workplace-Name: RANEPA Author-Name: Alexandra Burdyak Author-Name-First: Alexandra Author-Name-Last: Burdyak Author-Workplace-Name: RANEPA Author-Name: Dmitriy Rogozin Author-Name-First: Dmitriy Author-Name-Last: Rogozin Author-Workplace-Name: RANEPA Title: Monitoring of Russia's Economic Outlook. Abstract: Reduction of the key rate by the bank of Russia looks premature and brings risks of further inflation spiral and instability on the currency market. As a result of the record inflation rate in January 2015 which reached 3.9% in monthly terms, key rate in February again became negative. Classification-JEL: F34, G24, L71, C53, E37, L21, L52 Keywords: Russian economy, macroeconomics, finance, real sector, labor market Journal: Monitoring of Russia's Economic Outlook. Trends and Challenges of Socio-Economic Development Year: 2015 Issue: 2 Month: February Pages: 1-30 File-URL: http://www.iep.ru/files/RePEc/gai/monreo/2-2015-feb.pdf File-Format: Application/pdf Handle: RePEc:gai:monreo:2