CURRENT MARKET CONDITIONS AND DEVELOPMENT PATHS OF RUSSIA

Based on statistical data and other available sources, the article analyzes current market conditions and suggests possible development paths for the Russian economy. Objectives. To determine market trends, their causes and possible development paths for the Russian economy. Methodology. General scientific approaches and methods, analysis of reporting and statistical data, scientific literature devoted to the study of the state of the Russian economy and the impact of market trends on it. Methods of logical and economic-statistical analysis are applied. Results. The state of the Russian economy and how market trends affect our lives are considered. It is shown that a high key rate indicates a certain illness, an elevated temperature in the financial market, which reflects the overall high level of tension in the development of Russian productive forces. It is determined that prices for goods that are bought mainly by poor Russians are growing much faster than the average inflation in the country. The Rosstat methodology, which derives a single inflation rate, is not very suitable for assessing the real state of affairs. The reasons for the strengthening of the ruble and the decline in budget revenues, the reduction of the National Welfare Fund, and the inefficiency of OFZs have been identified. The government has several very obvious ways to respond to this challenge from the economy: reduce budget expenditures, increase public debt by issuing OFZs, use reserves - the National Welfare Fund, raise taxes for legal entities and individuals, and use deposit funds of Russians. Conclusions. The existing structural imbalances in the Russian economy can only be overcome by increasing supply. In order to give the economy an impetus for development, measures are needed to stimulate investment activity. The old methods, primarily those of the mega-regulator and the Ministry of Finance, are no longer suitable. It is necessary to change the very model of the economy, building it from the position of sovereignty and self-sufficiency.