The impact of the bank’s accounting policy on the inflation rate

The article reveals the concepts: monetary policy of the Russian Federation and its directions, the key rate of the Central Bank of the Russian Federation. The main instruments of the monetary policy of the state are shown. The mechanism of the basic instrument used by monetary authorities in the process of determining quantitative inflation levels in the medium term - the key rate - is analyzed. The changes in this indicator in the period from 2020-2023 are shown, recommendations for improving the efficiency of the Central Bank of the Russian Federation in terms of using the basic tool are proposed.