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CZECHIA: CNB Rate Decision Coming Up (13:30BST/14:30CET)

CZECHIA
EM BulletBulletGlobalEmerging Market NewsCentral and Eastern EuropeRegionCzechia
  • The CNB is widely expected to cut interest rates by 25bp today, with several Bank Board members guiding the market towards such an outcome in the recent weeks.
  • With a quarter-point cut baked in, and another one seen in November, the focus will be on Governor Michl's rhetoric as market participants are trying to gauge the odds of another cut in December.
  • The rate decision itself will be followed by the press conference at 14:45BST/15:45CET. See our full preview of the decision, with a summary of sell-side analyst views, here.
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  • The CNB is widely expected to cut interest rates by 25bp today, with several Bank Board members guiding the market towards such an outcome in the recent weeks.
  • With a quarter-point cut baked in, and another one seen in November, the focus will be on Governor Michl's rhetoric as market participants are trying to gauge the odds of another cut in December.
  • The rate decision itself will be followed by the press conference at 14:45BST/15:45CET. See our full preview of the decision, with a summary of sell-side analyst views, here.