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Waiting For CNB

  • The market is in waiting mode ahead of tomorrow's rate decision from the Czech National Bank, with little in the way of major domestic risks expected before that. The central bank is widely expected to keep interest rates unchanged, but may stick with hawkish rhetoric to lean against overdone rate-cut wagers, while participants will pay close attention to the vote split. Click here to see our preview of the meeting.
  • Denik N reports that the government's austerity measures will affect the functioning of day-to-day operations of state administration, with a number of ministries cancelling vacancies or reducing spending on vehicle fleets.
  • President Petr Pavel and Prime Minister Petr Fiala will speak at a security conference focusing on the ramifications of the war in Ukraine and the upcoming NATO summit.

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