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CNB on hold as expected

CZECHIA
  • As expected, the CNB decided to leave its benchmark rate unchanged at 0.25%.
  • The fall in inflation in the past year, from 3.7% to 2.1%, gives CNB policymakers some time before considering starting a hiking cycle as an early move could weigh on the economic recovery.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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