February 06, 2025 14:04 GMT
CZECHIA: All Seven CNB Board Members Voted to Cut Rates
CZECHIA
- "ALL SEVEN CZECH CENTRAL BANKERS VOTED TO CUT RATES THURSDAY" - BBG
- "CZECH CENTRAL BANK LOWERS 2025 INFLATION FORECAST TO 2.4%"
- "CZECH CENTRAL BANK CUTS 2025 GDP GROWTH FORECAST TO 2% VS 2.4%"
- "CZECH CENTRAL BANK'S FORECAST SEES `MODEST' RATES DECLINE IN 1H"
The unanimous vote is marginal dovish surprise, as some desks flagged expectations of a split vote, while Jan Frait pointed to a limited room for further easing ahead of the decision.
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