Free Trial
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.
Full preview here:
CNB seen on hold, policymakers will want to avoid the risk of further CZK strength
The Czech National Bank is expected to keep their benchmark rate, the discount rate and the Lombard rate steady at 0.25%, 0.05% and 1%, respectively. Even though the progress in the vaccination campaign in many developed countries has increased hopes for a recovery in H2 2021, restrictions remain elevated in many core European nations and are expected to be lifted very gradually. Therefore, raising interest rates too soon could weigh on growth expectations.
Figure 1: Czech inflation vs. CNB forecast
Source: MNI/CNB/Bloomberg
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok