CNB publishes research priorities for 2026–2028

The Czech National Bank (CNB) today published its research priorities for 2026–2028. The new framework strengthens the transparency of the bank’s research activities and their link to decision-making in the areas of monetary policy and financial stability. At the same time, it enables a flexible response to new economic, financial and technological challenges.

The research priorities are based on the key trends shaping the environment in which the central bank fulfils its mandate. They focus on strengthening the CNB’s analytical base across areas – from the functioning of monetary policy and financial stability, through improving understanding of structural changes in the economy, to modernising models, working with data and employing new analytical methods, including artificial intelligence tools.

“Research priorities provide a clear long-term framework for research at the CNB and help direct analytical capacity towards topics that are important for the bank’s decision-making. They build on the external review of the monetary policy analytical and modelling framework conducted in 2024, while also taking into account the rapid development of new technologies and analytical approaches,” said CNB Bank Board member Jakub Seidler.

The CNB’s research priorities cover six areas:

  1. Monetary policy transmission and the operational framework
  2. Model innovation and development of the forecasting framework
  3. Financial stability and resilience of the financial system
  4. The housing market, credit markets and sectoral risks
  5. Resilience of a small open economy and global fragmentation
  6. AI, data and the future of money and market infrastructure

In addition to its long-term research priorities, the CNB now also systematically publishes a list of current research questions, which is updated on a regular basis. These allow the CNB to respond to new stimuli, short-term analytical needs and topical issues arising from economic developments.

Detailed information on the research priorities and current research questions is available on the Czech National Bank’s website under Research.

Jakub Holas
Director of the CNB Communications Division