Czech National Bank (CNB)
FOMC discusses communication ‘escape clauses’
Fed might need “leeway” to deal with financial instability, some FOMC members say
CNB raises countercyclical buffers as risks build
The central bank stress-tests not only the financial sector but also households and the government
Asset management: outlook for 2019
Monetary policy divergence, protectionism and ESG are shaping reserve managers’ approach to 2019
CNB hikes in bid to tame inflation
Strong growth is boosting salaries and consumption in the Czech Republic
Shock end to euro floor avoided ‘enormous’ speculative attack, says SNB’s Jordan
Swiss central bank chief says sudden withdraw was least worst option
People: China appoints new monetary policy committee
IMF’s general counsel retires; Czech National Bank appoints new comms director
Experts warn Mexico’s peso defence could be costly
Risks on the horizon prompt concerns around the Bank of Mexico’s approach to forex volatility
CNB raises Czech rates to return inflation to target
A stronger currency is supporting central bank in efforts to control price pressures
CNB ramps up financial stability department role
Central bank “elevates” department in governance structure to reflect growing importance
People: Fiji appoints deputy; Commission proposes new SRB chair term
Esala Masitabua will become deputy governor in Fiji on January 1, 2018; European Commission proposes extending Elke König’s mandate as chair of SRB; and more
Czech exchange rate floor helped fight deflation – IMF paper
Range of methods imply exchange rate floor was effective measure
Czech central bank raises interest rates for first time in nine years
Legacy of currency defence may cause future problems, analyst argues
Should more attention be paid to house prices?
CNB experience offers insights into use of larger weights for housing in monetary and macro-pru policy
Fresh exchange rate cap remains an option – CNB minutes
Minutes of extraordinary meeting say future exchange rate commitment cannot be ruled out
Czech National Bank abandons koruna floor
Bank likely to be happy with market reaction, analyst says
Ending speculation on the Czech forex cap: quo vadis, CNB?
David Vavra suggests a method the Czech National Bank could use to end pressure on its peg
Czech National Bank reorganises supervision department
Bank says it will increase staffing of revamped division
People: CBRC gets new chair; Colombian board member appointed
Moves at CBRC, ESM, and central banks in Colombia and the Czech Republic
Asset manager of the year: State Street Global Advisors
US asset manager takes customisation to a new level
People: Finland sets out new board responsibilities
Two new members appointed to Czech central bank board
People: RBNZ appoints new CIO; former BoE deputy to chair BBC
Reserve Bank of New Zealand appoints new CIO and head of risk assessment; David Clementi, former Bank of England deputy for financial stability, to head new BBC board; and more
Czech central bank carries out internal reorganisation
Research division to be split between two departments
Czech Republic closer to euro adoption but still not ready – CNB
Economy is converging with Europe but accession could prove costly
Eight banks struggle in Czech stress tests
Adverse scenario pushes many banks below regulatory capital minimums