Czech National Bank Keeps Interest Rate at 3.5%

Novinky.cz

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The Bank Board of the Czech National Bank (CNB) left the key interest rate unchanged at 3.5 percent on Thursday, as expected, according to central bank spokesman Jakub Holas. The key rate has been at its current level since May of this year, and was last lowered in December 2021.

Hospodářské Nnoviny (HN.cz)

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The Bank Board of the Czech National Bank (ČNB) left the base interest rate unchanged at 3.5 percent. This was announced by the Director of the CNB's Communications Department, Jakub Holas. The financial market expected the rate to remain stable. The base interest rate has been at its current level since the beginning of May, and it was last lower in the first...

Business Insider (Poland)

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Still slightly elevated inflation is hindering the Czech central bank's willingness to further cut interest rates. The cycle is nearing its end, but it cannot be ruled out that another reduction in the cost of money will occur soon.

Portfolio.hu

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The Czech National Bank (CNB) left its key interest rate unchanged at 3.50% on Thursday, continuing its pause in its rate-cutting cycle as policymakers monitor inflationary pressures in the services sector and signs of improving economic growth.