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MNI BRIEF: CNB Cuts 2W Repo Rate By 50Bps To 4.75%

(MNI) LONDON
Czech National Bank lowers key interest rates by half a point

The Czech National Bank lowered key interest rates by 50b basis pointson Thursday, leaving the two-week repo rate at 4.75%, the discount rate at 3.75% and the Lombard rate at 5.75%.

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

 

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The Czech National Bank lowered key interest rates by 50b basis pointson Thursday, leaving the two-week repo rate at 4.75%, the discount rate at 3.75% and the Lombard rate at 5.75%.

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