MNI BRIEF: Sharp Cut To German Growth Outlook - Joint Forecast

BOE FPC SEES OVERALL RISK ENVIRONMENT 'CHALLENGING'

MNI BRIEF: President Xi Meets With U.S. Business Leaders

MNI DATA TABLE: MNI China Interbank Liquidity Index (Mar) - 3

MNI BRIEF: Improve Asian Financial Safety Net - PBOC Governor

MNI: PBOC Injects Net CNY247 Bln Via OMO Weds; Rates Unchanged

MNI: US MBA: MARKET COMPOSITE -0.7% SA THRU MAR 22 WK

US MBA: REFIS -2% SA; PURCH INDEX -0.2% SA THRU MARCH 22 WK

EZ/UK Bond Supply Calendar: 2.50% Mar-26 Schatz Due Tuesday

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

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Pavel Cancels Monday Campaign Plans, CNB Off'l Calls Smoothing Out Rate Path Best Option

CZECHIA
  • Novinky.cz called off a presidential debate with Petr Pavel and Andrej Babis after an illness forced the former candidate to cancel his campaign plans for today. The latest batch of opinion polls showed that Pavel remains the frontrunner to win the January 27/28 election run-off, leading Babis by a margin of around 15 percentage points. His advantage in betting market pricing has increased over the weekend, with an 87% chance of his victory baked in.
  • In his weekly column in Mlada Fronda Dnes, CNB Governor Ales Michl pointed to the role a strong Koruna is playing in taming inflation, as it trades at the strongest levels in 14 years. Michl added that Czechia currently has "the highest interest rates in 20 years. We are motivating people to save instead of spending."
  • Meanwhile, CNB Bank Board's Karina Kubelkova argued against further interest-rate increases "in the present situation" to avoid a situation in which they would have to be reversed just months later. She told Hospodarske Noviny that the most effective strategy would be to smooth out the rate path and hold rates higher for longer.
EM BulletHomepagePolitical RiskPolitical Risk BulletBulletEmerging Markets News

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.