Czech Republic stays on course for rate hike as Hungary's growth stalls - Capital Economics
5 Articles
5 Articles
According to analysts, the central bank will raise the base interest rate again by a quarter of a percentage point. After Thursday's meeting of the Bank Board of the Czech National Bank (CNB), rates of four percent are expected. In an interview with Reuters, one of the seven members of the bank board, Jakub Seidler, also favored this....
The Bank Board of the Czech National Bank (CNB) will raise the base interest rate by a quarter of a percentage point to four percent on Thursday. Analysts interviewed by ČTK agreed on this, and bank board member Jakub Seidler also supported this in an interview with Reuters this week. According to analysts, the reason is the preponderance of inflationary risks and persistent domestic price pressures. The central bank last adjusted the base inter…
Prague - The Bank Board of the Czech National Bank (CNB) will raise the base interest rate by a quarter of a percentage point to four percent on Thursday. Analysts interviewed by ČTK agreed on this, and bank board member Jakub Seidler also supported this in an interview with Reuters this week. According to analysts, the reason is the preponderance of inflationary risks and persistent domestic price pressures. The central bank last adjusted the b…
The Czech National Bank could raise the base interest rate again at its meeting on November 5, from the current 3.75 to four percent. Bank Board member Jakub Seidler spoke in favor of the increase, pointing to resilient domestic demand and persistently high energy prices. People who take out mortgages or whose fixed rates expire would face further price increases, while repayments are already rising.
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