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Czechs Mull First Rate Hike Since 2022 to Curb Price Pressures

Czechs Mull First Rate Hike Since 2022 to Curb Price Pressures
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Central Banks Czechs Mull First Rate Hike Since 2022 to Curb Price Pressures The Czech central bank may raise interest rates for the first time in four years as policymakers weigh domestic inflation pressures against receding risks from global energy prices. The outcome of the Czech National Bank’s meeting on Thursday is set to be a close call, with 13 analysts in a Bloomberg survey expecting the board to lift the benchmark rate by a quarter of a percentage point to 3.75%.

Central Banks Czechs Mull First Rate Hike Since 2022 to Curb Price Pressures The Czech central bank may raise interest rates for the first time in four years as policymakers weigh domestic inflation pressures against receding risks from global energy prices. The outcome of the Czech National Bank’s meeting on Thursday is set to be a close call, with 13 analysts in a Bloomberg survey expecting the board to lift the benchmark rate by a quarter of a percentage point to 3.75%. Nine economists predict no change.
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Originally published by Bloomberg Markets Read original →