MNI BRIEF: Japan June CGPI Rises 2.9% Y/Y, Higher Import Price

MNI BRIEF: Fed Banks Unanimous On Steady Discount Rate-Minutes

MNI BRIEF: Powell - Immigration Has Neutral Inflation Impact Over Long Run

MNI BRIEF: Mexico Inflation 4.98% In June, Above Consensus

MNI China Daily Summary: Tuesday, July 9

CORRECTED-MNI: China H2 Steel Outlook Subdued

MNI: JAPAN JUNE CORP GOODS PRICE INDEX +2.9% Y/Y; MAY REV +2.6%

Unemployment Rate Steady, Employment Growth Only Marginally Positive In Y/Y Terms

US Treasury Auction Calendar

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

Deputy Governor Zamrazilova Flags Potential For September Rate Cut If Data Allows

CNB

The Czech National Bank's Deputy Governor Eva Zamrazilova said in an interview that the central bank could cut interest rates as soon as in September if incoming macroeconomic data "goes in the right direction."

  • "September will be richer with data, so if it goes in the right direction, and I will be certain enough that it will continue in the following months, then [a rate cut] is possible."
  • The message conveyed by her latest comments may contrast with the recent pushback against "overdone" market bets for an early start to the easing cycle, albeit do not represent any U-turn from Zamrazilova's earlier remarks.
  • Note that the official said last month that the central bank could consider rate cuts if inflation falls to single-digit levels and there are positive signals in Q2 wage and household consumption data, which won't be available until September.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.