Czech Central Bank Holds Rates at 3.75% Amid Inflation Risks

Novinky.cz

Lean Left

Factuality

Ownership

The September meeting of the Czech National Bank (CNB), where the councilors decided on interest rates, ended without surprises. The central bankers kept the main two-week repo rate at the current 3.75 percent. However, analysts say it may increase slightly in the coming months.

1prime.ru

Factuality

Ownership

The Board of the Czech National Bank (CNB) left the basic interest rate at 3.75 per cent, reported at a press conference to the Head of Bank Ales Michl.

Hospodářské Nnoviny (HN.cz)

Factuality

Ownership

The Bank Board of the Czech National Bank (ČNB) left the base interest rate at 3.75 percent on Thursday. This was announced by the Director of the CNB's Communications Department, Jakub Holas. The base interest rate has been at the current level since June. The financial market expected Czech interest rates to remain stable, despite...

iDNES.cz

Factuality

Ownership

The Bank Board of the Czech National Bank left the base interest rate at 3.75 percent. The base interest rate has been at the current level since June. The financial market expected Czech interest rates to remain stable, despite the fact that the central banks of the eurozone and the United States tightened monetary policy in September.

echo24.cz

Factuality

Ownership

The Bank Board of the Czech National Bank (CNB) was unanimous in its decision today to leave interest rates unchanged. It agreed that the risks to the Czech economy now outweigh those of higher inflation. A relatively tight monetary policy remains necessary to keep inflation close to the central bank's two percent target in the long term, CNB Governor Aleš Michl told reporters after the Bank Board meeting.