CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CNB Governor Gets Top-Level Security Clearance, Says Inflation Will Ease In Months Ahead

CZECHIA
  • The National Security Authority (NSA) granted CNB Governor Ales Michl top security clearance for access to top secret classified information, the central bank said in a statement. The official requested a background check when he was tapped to become the central bank chief last year but Czechia's security agency took a long time to complete the needed checks, which exposed Michl to questions over his ability to perform his duties. The Governor refused to comment on his security clearance and said that he wanted to focus on fulfilling his mandate. In a short statement on the CNB's website, Michl observed that "inflation has finally started to decline," which "will continue in the months ahead," on the back of a strong Koruna, high interest rates for longer, and reduced state budget.
  • President Petr Pavel will hold his first foreign visits this week. Traditionally, the first foreign trip of each Czech President is to the neighbouring Slovakia. Pavel arrives in Bratislava today and will stay there until Tuesday, before heading for a two-day visit in Poland on Thursday. In addition, his spokesperson said that Pavel agreed with Ukrainian President Volodymyr Zelensky that he will go to Kyiv at some point in April.
  • CNB's Jan Prochazka will speak at a news conference about banknote and coin counterfeits today, it is unclear if there will be any comments on monetary policy.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.