Who's on the fight against inflation?
The central banks of Russia and America received heads Yesterday, American senators and Russian deputies elected people who will determine monetary policy in these countries over the next four years. The positive decision of the State Duma of the Russian Federation, which unanimously approved Sergei Ignatiev as head of the Central Bank, did not surprise anyone. As, indeed, are the recommendations of the US Senate Banking Committee to appoint Ben Bernanke as head of the Fed. And although Mr.