THE MONETARY POLICY OF THE BANK OF RUSSIA AND ITS IMPACT ON THE REAL SECTOR

The real sector of the Russian economy is influenced by various factors – inflationary processes, foreign economic policy, volatility of prices for fuel and energy market goods, the exchange rate of the national currency, sanctions, monetary and credit sphere, balance of payments, etc. Therefore, it is necessary to search for directions to stabilize and minimize the manifestation of these factors. One of the areas capable of correcting macro indicators and solving a number of negative manifestations in the national economy in the near future is monetary regulation methods, that is, the Bank of Russia's effective monetary policy. At the same time, the implemented monetary policy should have a balance between competitiveness and the development of the national economy. In this regard, the mega-regulator of the national financial market, which is endowed with broad powers in the development and implementation mechanisms of monetary policy, influences the processes of the national economy through a system of monetary regulation instruments