MNI China Daily Summary: Thursday, August 1

MNI: BOE VOTES 5-4 FOR 25 BPS RATE CUT AT AUG MEETING

MNI BRIEF: BOJ To Focus On Continued Positive Wage Setting

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC

MNI BRIEF: Caixin July Manufacturing PMI Falls Below 50

MNI: US Q2 PREL UNIT LABOR COSTS +0.9% VS Q1 +3.8%; Y/Y +0.5%

MNI: US JOBLESS CLAIMS +14K TO 249K IN JUL 27 WK

VDMA Factory Orders Remain Weak in June

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

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

MNI BRIEF: CNB Cuts 2W Repo Rate By 25Bps To 4.5%

(MNI) LONDON
Czech National Bank Board met Thursday
Czech National BankCzech RepublicEM Policy NewsCEEMEAEM BriefEM Central Bank NewsGlobalStoryRegion

MNI (LONDON) - The Czech National Bank cut rates by 25bps on Thursday, leaving the key two-week repo at 4.50%, the Lombard rate at 5.5% and the discount rate at 3.5%. The move, which was widely expected, confirms the bank has entered the 'fine-tuning' phase of the easing cycle. (See MNI EM CNB WATCH: Fine-Tuning Set To Start, But 50Bps 'In Play')

A press conference will be held at 2.45pm UK/3.45pm local time.

72 words

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.

MNI (LONDON) - The Czech National Bank cut rates by 25bps on Thursday, leaving the key two-week repo at 4.50%, the Lombard rate at 5.5% and the discount rate at 3.5%. The move, which was widely expected, confirms the bank has entered the 'fine-tuning' phase of the easing cycle. (See MNI EM CNB WATCH: Fine-Tuning Set To Start, But 50Bps 'In Play')

A press conference will be held at 2.45pm UK/3.45pm local time.