1561: Andriy Pyshnyi Quotes 2023–2025: Inflation Downshift, Tight Monetary Policy & Wartime Financial Stability
Author(s): Scott Douglas Jacobsen
Publication (Outlet/Website): Medium (Personal)
Publication Date (yyyy/mm/dd): 2025/10/21
How do Pyshnyi’s remarks on ending deficit monetization, anchoring the exchange rate, and staying “tight for longer” explain the NBU’s playbook for keeping inflation expectations moored under missile-pressure economics?
2023: “At the beginning of the year, inflation was 26%… we’re closing out with around 5% inflation and growth.”
2024: “For us it is very important to forget about monetisation and monetary financing.”
2025: “The NBU will be ready to take additional measures in case of further risks to price dynamics and inflation expectations.”
2025: “Going forward, the pace of recovery will depend on the course of the war.”
2025: “The NBU will stick to a rather tight monetary stance for as long as it is needed.”
2025: “The answer is very simple, yes.”
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