The Governors’ Club meeting in Prague
On 21 and 22 November the Czech National Bank (CNB) hosted the meeting of the Central Bank Governors’ Club of Central Asia, Balkan Countries and Black Sea Region. The CNB has attended these meetings since 2012. The topics of the 42nd closed meeting of central bank representatives included the global economic and financial outlook, approaches to inflation targeting in advanced and emerging economies and innovations in data statistics which are used as an input for monetary policy decisions.
31 Governors and Deputy Governors of 20 central banks attended the meeting. Turkish central bank Governor Murat Uysal was panel chair for the global economic outlook while CNB Governor Jiří Rusnok headed the inflation targeting panel and Ksenija Yudaeva, Russian central bank First Deputy Governor, took on the innovations in data statistics panel.
The main speakers included former CNB Governor Miroslav Singer and leading macroeconomists Paul Robinson of the Bank of England and Andrew Berg of the International Monetary Fund. The informal part of the event was also attended by former CNB Governor Zdeněk Tůma.
The Governors’ Club meets twice a year and the countries rotate the hosting. It is the second time this event has taken place in Prague. The CNB hosted the Governors’ Club for the first time in 2013, marking the CNB's twentieth anniversary.