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CZECHIA: CNB To Enter Media Blackout Period

CZECHIA
EM BulletBulletEmerging Market NewsCentral and Eastern EuropeCzechia
  • The CNB's media quarantine period will start at 14:00GMT/15:00CET with the publication of a notification about attendance at next week's monetary policy meeting. All four analysts polled by Bloomberg so far expect the CNB to pause its rate-cutting cycle next week, but more calls will be submitted in the coming days. Several Bank Board members (Kubelkova, Kubicek, Frait) said that they were considering voting for a pause or a cut, while Deputy Governor Zamrazilova already voted for a pause at previous meetings. It is unclear what are the policy inclinations of new member Jakub Seidler.
  • President Petr Pavel meets with Prime Minister Petr Fiala and other senior parliament and government officials to discuss foreign policy.
  • Separately, President Pavel is set to appoint Dita Repkova to the position of a Constitutional Court judge.
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  • The CNB's media quarantine period will start at 14:00GMT/15:00CET with the publication of a notification about attendance at next week's monetary policy meeting. All four analysts polled by Bloomberg so far expect the CNB to pause its rate-cutting cycle next week, but more calls will be submitted in the coming days. Several Bank Board members (Kubelkova, Kubicek, Frait) said that they were considering voting for a pause or a cut, while Deputy Governor Zamrazilova already voted for a pause at previous meetings. It is unclear what are the policy inclinations of new member Jakub Seidler.
  • President Petr Pavel meets with Prime Minister Petr Fiala and other senior parliament and government officials to discuss foreign policy.
  • Separately, President Pavel is set to appoint Dita Repkova to the position of a Constitutional Court judge.