CNB ends the first phase of its monetary policy review with an international workshop
The first phase of the review of the CNB’s monetary policy analytical and modelling framework has been completed successfully. The CNB brought this phase to a close today with an international workshop attended by top foreign economists led by Claudio Borio, the former Head of the Monetary and Economic Department at the Bank for International Settlements.
In the next step, the central bank will develop a new forecasting model to supplement its existing tools. It will also put into practice other recommendations made by domestic and foreign experts who have evaluated the CNB’s past monetary policy.