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Czech Central Bank Expected to Raise Rates Again as Inflation Risks ...

Summary by Deník N
The Czech National Bank has raised interest rates again, angering Prime Minister Andrej Babiš, primarily because there is practically nothing he can do about the current economic situation.

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Czech Prime Minister Andrej Babis intensified his public criticism of the central bank following this week's interest rate hike, calling the board's decision "an absolute scandal" and saying it would harm households and businesses.

Before the elections, they promised cheaper mortgages, but... after less than a year in power, Andrej Babiš (ANO) admits that he will make mortgages more expensive for people. He is bothered by the current decision of the Czech National Bank.

Česká národní banka po delší době zvýšila základní úrokovou Sazbu. Hypotéky přitom zdražují už několik měsíců a průměrné úročení nových úvěrů přesahuje 5 percent. Co stojí za dalším růstem, jak se rozhodnutí ČNB promítne do splátek a hrozí domácnostem hypotéky s úrokem kolem šesti procent? Deník.cz is on the team that podíval v otázkách a odpovědích odborníků.

The Czech National Bank has raised interest rates again, angering Prime Minister Andrej Babiš, primarily because there is practically nothing he can do about the current economic situation.

The Czech National Bank's (ČNB) decision to tighten monetary policy on Thursday was a close one. Four members of the bank board supported the increase in the base interest rate by a quarter of a percentage point to four percent, while three voted to leave it unchanged. CNB Governor Aleš Michl told reporters after the board meeting. The increase will most likely not please Prime Minister Andrej Babiš (ANO), who has repeatedly criticized the CNB f…

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Bloomberg broke the news in New York, United States on Thursday, November 5, 2026.
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