Direction of monetary-base expansion decisions relative to trend. Separate from fiscal.transfer_expansion even when correlated.
De jure and de facto independence of the central bank from fiscal authority. Per D.1.5 scope, one of the framework's defensible monetary positions.
The Bank of Russia lifted the key rate to 21.00 percent on 25 October 2024 and then maintained a tight monetary stance through 2025 and into 2026 as war spending, labour shortages, and administered-price increases kept inflation above target. By 19 June 2026 the Board had cut the key rate to 14.25 percent, but its statement still described monetary conditions as tight and fiscal policy as more accommodative than previously expected. The regime is coded as a monetary policy package because the central bank repeatedly used high nominal rates to offset proinflationary fiscal and supply-side pressure under Putin's fifth term.
Per invariant 3, reforms are scored by what they did on each channel-separated axis, not by the party that enacted them. This fingerprint is how the policy-match engine finds historical analogues.
Explicit links are curated by the author. Inferred links are hypotheses in the library that test the same axes this policy moved — the framework's answer to "what does the data say about a policy like this?".
Ranked by axis-fingerprint overlap with this policy. Direction match bolded — those are the closest historical analogues. Shape of the match is what drives policy-outcome comparison, not the country or party label.