Mortgages May Become More Expensive. The Czech National Bank Raised Rates and Babiš Protests - Seznam Zprávy

Deník N

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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.

echo24.cz

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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…

Česká televize

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The Bank Board of the Czech National Bank (ČNB) on Thursday increased the base interest rate by a quarter of a percentage point to four percent. This was announced by the Director of the CNB's Communications Department, Jakub Holas. The base interest rate thus reached its highest level since the beginning of 2025. The financial market expected a tightening of monetary policy in view of the expected acceleration of inflation next year.

seznamzpravy.cz

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The Czech National Bank has raised its base interest rate to four percent. The decision could gradually make mortgages more expensive, which was criticized by Prime Minister Andrej Babiš. Higher interest rates could, on the other hand, benefit people with savings accounts.

Hospodářské Nnoviny (HN.cz)

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The Council of the Czech National Bank decided during Thursday's monetary policy meeting to increase the base interest rates. The so-called fortnightly repo rate is now set at four percent, a quarter of a percentage point higher than before. It was last this high exactly two years ago. This year it is...