About
Over recent decades, many central banks of emerging economies have been adopting inflation-targeting (IT) regimes to steer inflation towards a particular level, reduce its volatility, and ensure macroeconomic stability, especially in times of adverse shocks. The unprecedented COVID-19 pandemic created new challenges for monetary policy, forcing central banks to rethink their existing policy frameworks and tools.
The workshop, hosted online by the National Bank of Ukraine on 26 November 2021, brought together over 170 economists, experts, and policymakers from central banks, academia, think tanks, and international financial institutions to discuss the experience of IT in emerging markets and draw lessons for future challenges.
Session 1. Monetary Policy Toolkit during Pandemics
Moderator
Marko Skreb, Central Banking Consultant
Break
Session 2. Policy Response to a Current Surge in Inflation
Moderator
Karlis Smits, World Bank
Session 3. Inflation Targeting Performance and Lessons for the Future
Moderator
Tomáš Holub, Czech National Bank