Monetary policy explained
Are you curious about how the Czech National Bank makes its monetary policy decisions and how these decisions affect our lives? Take a look behind the scenes of the CNB’s monetary policy and discover why and how the CNB changes interest rates, how it prepares its forecasts, how it influences the economy and much more besides. Our series of articles will take you step by step through the world of monetary policy – from the reasons behind the creation of the first money to the issues surrounding the future adoption of the euro in the Czech Republic.