Czech central bank expected to keep 50-bp rate cut pace

PRAGUE (Reuters) – The Czech National Bank is likely to deliver another 50-basis-point interest rate cut next week, with a weaker crown and remaining price pressures tempering thoughts of quicker monetary easing, a Reuters poll showed on Friday.

Policymakers delivered rate cuts of 25 and 50 basis points, in December and February respectively, in an easing cycle that reduced borrowing costs from more than two-decade highs.

Source

Recent posts

See All
  • Hans Weber
  • November 1, 2024

Slovakia’s Interior Ministry Rectifies Mistake in Listing of Andrej Babiš as StB Agent

  • Hans Weber
  • November 1, 2024

Celebrating Republic Day of Kazakhstan and Examining the Relationship Between Kazakhstan and Czechia

  • Hans Weber
  • November 1, 2024

Address of Ambassador H.E. Egemen BAĞIŞ at the celebration of 101st Anniversary of the Proclamation of the Republic of Türkiye at the National Museum of the Czech Republic

Prague Forum Membership

Join us

Be part of building bridges and channels to engage all the international key voices and decision makers living in the Czech Republic.

Become a member

Prague Forum Membership

Join us

    Close