Free Trial

Deutsche Bank Sees CNB Terminal Rate At 4.5% By Mid-22

CZECHIA
  • Deutsche Bank is now expecting the CNB to raise its policy rate to 4.5% by mid 2022.
  • In order to combat inflation, many central banks are expected to raise the policy rate above the 'neutral' rate in the coming months.
  • Selling pressure remains elevated on CZK with USDCZK reaching new highs this morning, currently trading above the 22.70 level.

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.