MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

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

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

CZECHIA: CNB's Prochazka Says 50bp Cut In August Is "Highly Unlikely"

CZECHIA
  • CNB's Jan Prochazka told Novinky.cz that inflation is now under control and the central bank can move to the "fine-tuning" phase, while monetary policy remains restrictive despite a series of rate cuts. Prochazka said that he will be monitoring domestic data and ECB action before making his mind on the next move in Czech rates. Prochazka noted that the CNB could "lower rates further, or maybe (...) take a pause" but another 50bp cut in August is "highly unlikely."
  • This comes after CNB Deputy Governor Eva Zamrazilova said that the recent inflation data confirmed that there is still room for monetary easing, but it is unlikely to be delivered in steep moves.
  • President Petr Pavel said that all NATO member states except Hungary have committed to maintain support for Ukraine and accused Russia of waging a hybrid war against the West.
CEEMEAEM BulletBulletGlobalEmerging Market NewsRegionCzechia

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.