Congress Programme

Thanks to a tight monetary policy, the inflation has slowed down to its lowest level in five years, and the key rate is being steadily reduced. Has the Bank of Russia’s policy succeeded in resuming the well-balanced and sustainable growth – and what are the criteria for identifying such growth? Will outside factors help push the key rate further down, or will they stand in the way of reaching this goal? And how has Russia’s macroeconomic stability – specifically low inflation, the budget’s safety margins and the banking sector’s resilience – fared amid unprecedented external shocks and the ongoing large-scale restructuring of the economy?

The financial market is at the very centre of current transformations, as it continues intertwining with cutting-edge technology. Financial institutions are developing hi-tech services, while cryptoassets and AI are increasingly present on the market, and platformisation continues at a steady pace. New technologies and business models can be combined in many ways, sometimes producing synergy, and sometimes resulting in increased competition as well as challenging the domination of traditional approaches and tools. The participants will discuss how the market and regulations are adapting to the new situation. What market players and instruments are emerging, and which can fade into obscurity? And what new challenges are awaiting the market in the coming years?