CNB will publish meeting records after six years

CZECH REPUBLIC - The Czech National Bank (CNB) has decided to publish the records of the bank board meetings. The central bank reacts to the interest and specific needs of economic analysts, economics students and historians of the Czech economy or of central banking.
CZECH REPUBLIC - The Czech National Bank (CNB) has decided to publish the records of the bank board meetings. The central bank reacts to the interest and specific needs of economic analysts, economics students and historians of the Czech economy or of central banking.

"The complete text of the Situation Report about the Monetary and Economic Development, including the discussion of all the members of the bank board, will be available to the public after six years from the discussion," Frisaufova added. This measure was accepted on 26 July.

The records from the meetings are published only by some of the European and other central banks. According to CNB, only few of them present unrevised records. "Similar approach to CNB is used by the American Federal Reserve System (FRS) or the Japanese Central Bank," Frisaufova added. While FRS publishes its records after five years, the Japanese do so after ten years.

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