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Webinar
Central and Eastern Europe: More uneven than ever?

with Mateusz Urban and Tomas Dvorak | Online | April 3, 2024

A wide gap in economic performance has opened in the usually homogenous CEE region. Poland, Romania and, to a lesser extent, Slovakia have been consistently outperforming their Czech and Hungarian peers. We expect this divergence to narrow only partially in the near term. The gap in growth permeates into other economic areas too – the outperformers have to contend with more persistent, demand-driven inflation, halting the plans to loosen historically tight monetary policy. Many of the CEE governments have also been unusually fiscally active. We’ll be exploring the diverging macro outlook for the CEE region and some strategy implications in this EM webinar.

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Webinar
CEE shows limits of monetary policy in taming inflation

with Tomas Dvorak | Online | August 17, 2022

Similar inflation outcomes in CEE demonstrate the limits of monetary policy in combating the current surge in inflation. Slovakia has had a much looser monetary policy but its inflation rate has been similar to other CEE countries with sovereign central banks that have hiked aggressively since 2021. In this webinar, we will discuss the effectiveness of conventional monetary policy tightening in countering supply-driven, imported inflation, and its wider implications for the EM economies.

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