Arakelyan Erick Artushevich (Moscow State Institute of International Relations)
|
The article analyzes the options for using the key interest rate as a monetary regulation tool in the largest countries of the world during 2021-2024, characterized by the growing global shocks and the problems they caused in the economies. Responding to modern challenges, governments are applying interest rate growth mechanisms to stabilize inflation and resolve imbalances. The purpose of the article is to identify the prospects for changing key interest rates in the most developed countries under the pressure of global economic problems. The author relies on a conceptual approach to interest rates. The article examines and analyzes the main trends of the dynamics of interest rates in the G-20 countries over the past 2-3 years in the realities that have greatly transformed the traditional mechanisms of monetary policy. Non-standard solutions for most governments have been identified, in particular, the transition from negative and zero rates to growing positive values, as well as the outstripping growth of key rates compared with the rate of inflation. An assessment of the prospects for changes in key interest rates has been carried out, revealing a trend towards a restrained decrease.
Keywords:key interest rate, monetary policy, global problems, credit, economic growth, inflation, Central bank, global risks, financial market
|
|
|
Read the full article …
|
Citation link: Arakelyan E. A. PROSPECTS FOR CHANGING THE KEY INTEREST RATE IN THE CONTEXT OF GLOBAL ECONOMIC PROBLEMS // Современная наука: актуальные проблемы теории и практики. Серия: ЭКОНОМИКА и ПРАВО. -2025. -№02. -С. 6-11 DOI 10.37882/2223-2974.2025.02.01 |
|
|