On 24-25 June 2010, the BIS held its Ninth Annual Conference, on "The future of central banking under post-crisis mandates" in Lucerne, Switzerland. The event brought together senior representatives of central banks and academic institutions who exchanged views on this topic. This volume...

Monetary and macroprudential policies are interconnected parts of the twin mandate of many central banks. We describe the Czech National Bank's approach to one aspect of integrating these two policies, namely the use of a broader inflation measure that includes house prices and enters monetary...