Free Trial
LNG

European LNG Arrivals

STIR

BLOCK, SOFR Call Spd - Ongoing

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

CNB Frait Will Support Either Rate Stability or Small Hike At Next Meeting

CZECHIA
  • CNB member Jan Frait recently mentioned that the CNB must show caution with potential further monetary tightening as global economic activity is decelerating significantly.
  • Frait said that he will be deciding between rate stability and a small hike at the next meeting on August 4.
  • German Foreign Minister Annalena Baerbock is scheduled to meet Czech counterpart Jan Lipavsky in Prague to discuss issues including the two country’s relations and the war in Ukraine (BBG).
  • Yesterday, economic data showed that Czech consumer confidence fell to new lows in July, and is currently pricing in a significant deceleration in the economic activity.
  • Next data to watch will be Q2 GDP print, expected to fall by 0.3% QoQ.
113 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • CNB member Jan Frait recently mentioned that the CNB must show caution with potential further monetary tightening as global economic activity is decelerating significantly.
  • Frait said that he will be deciding between rate stability and a small hike at the next meeting on August 4.
  • German Foreign Minister Annalena Baerbock is scheduled to meet Czech counterpart Jan Lipavsky in Prague to discuss issues including the two country’s relations and the war in Ukraine (BBG).
  • Yesterday, economic data showed that Czech consumer confidence fell to new lows in July, and is currently pricing in a significant deceleration in the economic activity.
  • Next data to watch will be Q2 GDP print, expected to fall by 0.3% QoQ.