MNI BRIEF: US Budget Deficit $367B In Nov; FYTD Record $624B

MNI BRIEF: Former BOC Dep Beaudry Sees 2.75%-3% Rate In 2025

BOC WILL BE CONSDIERING FURTHER RATE CUTS

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: US NOV TREASURY BUDGET -$366.8B

EZ/UK Bond Supply Calendar: BTP Auction on Thursday

US EIA: CRUDE OIL STOCKS EX SPR -1.42M TO 422.0M DEC 06 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Zamrazilova Says CNB Would "Ideally" Loosen Policy At Each Meeting But Flexibility Remains

CZECHIA
  • CNB Deputy Governor Eva Zamrazilova reiterated that the pace of monetary easing will depend on how inflation develops. The official noted that "ideally, we will loosen monetary policy at each meeting, as the risks of a return to the inflation target fade" and pointed to the January CPI reading as a key signal for Czech policymakers. She added that the CNB already has some signals on January inflation, even as official data will be published a week after the next rate review. Zamrazilova signalled a degree of flexibility around the pace of monetary easing, noting that the CNB could pause or accelerate it, depending on how inflation develops. However, she expects policy to remain restrictive for the time being.
  • Lidove Noviny reported that the ruling coalition expects to win a case in the Constitutional Court, which has been asked to review pension reforms intended to reduce budget deficits.
  • Data from the CZSO showed that Czech ex-auto retail sales rose 0.9% Y/Y in November after a revised 1.6% contraction in October. Bloomberg consensus was looking for another 1.6% decline.
  • Czechia's current account data will be released at 09:00GMT/10:00CET.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.