Central Bank of Armenia

The Expert Group on Financial Inclusion Policy from AFI’s Eastern Europe and Central Asia Policy Initiative are in Dilijan, Armenia, to discuss how to advance #financialinclusion in the region. Thanks to our co-hosts, the @CentralBankofRA!

The Governor of @CentralBankofRA participated at the ECOSOC #FFD forum highlighting the need to scale up sufficient #Fin4Dev to accelerate the SDG implementation, especially for #LDCs, #LLDS and #SIDS. bit.ly/4d8Luj8

The major challenge facing central banks today is the inability of existing policymaking frameworks to adequately deal with significant and increasing uncertainty. Martin Galstyan (Governor @CentralBankofRA ) proposes a new policymaking setup “FPAS Mark II” that combines successful parts of the institutional framework of Mark I systems with an MPRM approach to dealing with uncertainty faculti.net/fpas-mark-ii-a… #econtwitter #economics #macroeconomics #inflation #risk #centralbanks

The major challenge facing central banks today is the inability of existing policymaking frameworks to adequately deal with significant and increasing uncertainty. Martin Galstyan (Governor @CentralBankofRA ) proposes a new policymaking setup “FPAS Mark II” that combines successful parts of the institutional framework of Mark I systems with an MPRM approach to dealing with uncertainty faculti.net/fpas-mark-ii-a… #econtwitter #economics #macroeconomics #inflation #risk #centralbanks

At the March 12, 2024 meeting, the Board of the Central Bank of Armenia decided to reduce the #refinancing rate by 0.25 percentage points, setting it at 8.5%. #MonetaryPolicy #CBA #CentralBankofArmenia #refinancingrate

At the January 30, 2024 meeting, the Board of the Central Bank of Armenia decided to reduce the #refinancing rate by 0.5 percentage points, setting it at 8.75%. #MonetaryPolicy #CBA #CentralBankofArmenia #refinancingrate

For more information and register see: rmaps.cba.am #FPASMarkII #MonetaryPolicy

We have been encouraged by his recently penned article: “Should central banks abandon single point forecasts? A question that Professor Goodhart has made us ponder is whether journalists and politicians, in particular, are ready for a CB that abandons the baseline forecast?

Day 1 of the Dilijan Macroeconomic Symposium held at the Central Bank of Armenia will begin at 8:30 EST and feature Keynote speaker Charles Goodhart. He will be part of a panel discussion on scenarios-based forward guidance

For more information and register see: rmaps.cba.am @PolicyBetter #FPASMarkII

Day 1 of the Dilijan Macroeconomic Symposium held in Armenia between January 11-12th will feature Keynote speaker Athanasios Orphanides. He will be discussing the need for simple monetary policy rules as a robustness cross-check and analyze Fed policy during the pandemic period.

For more information and register see: rmaps.cba.am #Symposium #FPASMARKII #MonetaryPolicy

The Central Bank of Armenia plans to introduce a new analytical framework that incorporates risk and uncertainty into its framework in a more transparent way that echoes the views of Alan Greenspan and his 2003 Jackson Hole remarks on Monetary Policy under Uncertainty

Please join us this week at the Dilijan Macroeconomic Symposium held in Armenia between January 11-12th in partnership with @PolicyBetter The theme of the symposium is the Prudent Risk Management Approach to Monetary Policy: The Echoes of Alan Greenspan 20 Years Later