IMPROVING THE FINANCIAL LEVERS OF THE STATE TO ENSURE THE MACROECONOMIC STABILITY OF CONSUMER PRICES

  • Viktor Laschak
  • Оksana Laschak
Keywords: consumer prices, monetary leverage, pricing mechanism, money supply, exchange rate targeting

Abstract

The article in question that consumer prices are the object of regulatory processes at the intersection of the real and monetary sectors. Monetary costs form factor depending on the qualitative and quantitative characteristics of the money supply, which is in turn acts as a generator of price fluctuations. Selecting and applying monetary levers are made by the National Bank of Ukraine, according to the state general goals and objectives of monetary policy, focusing on the situation in the money market. Effective use of leverage made it possible to influence the increased money supply, but the current crisis requires the National Bank to act more active participant in the market economy and to implement new, more effective leverage focused on stabilizing consumer prices.

Published
2018-03-08