This technical note examines the macroprudential policy framework in the Czech Republic. The Czech National Bank (CNB) has been actively developing its macroprudential policy framework for some time, including most recently the establishment of a separate Financial Stability Department. The...

In the past decade, numerous emerging market countries have adopted inflation targeting as their basic monetary policy strategy. The institutional framework in many emerging market countries that affects monetary policy outcomes has generally differed from that in advanced countries. This paper...