The influence of monetary policy of the Central Bank on financial markets in the current realities

This article considers the mechanism of influence of the monetary policy of the Central Bank of the Russian Federation on financial markets, the peculiarities of forecasting the reaction of markets to the decisions of the regulator. The main reasons for the decrease in the effectiveness of the use of the usual models of analysis and extrapolation of the price dynamics of stock, currency and commodity market instruments are considered. Estimates of the transformation of behavior patterns ofprivate investors in response to the changing landscape offinancial markets and methods of monetary policy translation are given.