What is monetary policy?

Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates to achieve macroeconomic objectives like controlling inflation and stabilizing the currency.

What are interest rates?

Interest rates are the cost of borrowing money or the return on savings, expressed as a percentage of the principal amount. They are influenced by the central bank's monetary policy.

Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power. It is typically measured by the Consumer Price Index (CPI).

What is a central bank?

A central bank is a national financial institution that manages a country's currency, money supply, and interest rates. It also oversees the banking system and implements monetary policy.

What is financial stability?

Financial stability refers to a condition in which the financial system operates effectively, with institutions able to manage risks, maintain confidence, and support economic growth without significant disruptions.

Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Czech central bank chief: staff urged bigger hike than the 125-bps made

Published by Wanda Rich

Posted on June 23, 2022

1 min read

Last updated: February 6, 2026

Czech National Bank headquarters in Prague amidst discussions on interest rate hikes - Global Banking & Finance Review — The image shows the Czech National Bank's headquarters in Prague, reflecting the ongoing discussions about the recent 125 basis points interest rate hike as recommended by bank staff to combat inflation.

Czech central bank chief: staff urged bigger hike than the 125-bps made

Quick Summary

Frequently Asked Questions about Czech central bank chief: staff urged bigger hike than the 125-bps made