Subject. This article examines the factors of differential impact of monetary policy on economic activity of the regions. Objectives. The article aims to identify the factors of differential effects of the general monetary policy on economic activity of the regions and develop recommendations to even out them. Methods. For the study, I used the methods of economic analysis, comparison, expert assessment, content analysis, scientific skepticism, and analogy. Results. The article identifies and describes the main factors leading to the emergence of regional heterogeneity, and offers recommendations and measures to smooth out the impacts of the differential effects of the general monetary policy on the economic activity of the regions, which can be useful to the authorities making decisions in the field of monetary policy in advanced and emerging economies.
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