June 06, 2024 07:06 GMT
CZECHIA: CNB Board Set to Discuss Financial Stability, Macroprudential Policy
CZECHIA
- The Czech National Bank board is scheduled to discuss financial stability and decide on macroprudential policy settings, including mortgage-approval limits and the countercyclical capital buffer rate, according to Bloomberg.
- The meeting takes place this morning with the macroprudential policy announcement and press briefing scheduled for 14:45BST/15:45CET.
- Czechia’s industrial output rose 9.0% y/y (Est: +6.5%) in April compared to a revised -11.2% in March, according to the Czech Statistical Office. That marks the highest for the series since August 2022.
- Meanwhile, the nation's trade surplus narrowed to CZK 33.1bn in April from a revised +CZK 41.059bn the month prior. Exports rose 19.7% y/y, imports rose 13.1% y/y.
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