Low Inflation with Low Interest Rates

Horská, Helena
September 2005
Czech Business & Trade;2005, Issue 9/10, p7
Trade Publication
The article discusses the low inflation and low interest rate in the Czech Republic in 2005. A marked decline in the growth of consumer good price indexes was observed during the first half of the year. The Czech National Bank is holding the key interest rate at a historically lowest level. However, if household consumption starts reviving more rapidly and an accelerated growth of prices is imminent, the bank is prepared to raise the interest rate.


Related Articles

  • Economic Structure and Context: Monetary System.  // Czech Republic Country Monitor;Jun2012, p23 

    The article discusses some developments in the monetary policy of the Czech Republic during the past. The nation's monetary policy has been largely unchanged since 1998, when the Czech National Bank (CNB) established a pre-announced inflation-targeting regime. To increase transparency further,...

  • Czech Republic central bank leaves interest rate unchanged.  // Regional Today;12/18/2013, p2 

    The article reports on the decision of the Czech National Bank to retain its near zero interest rate due to the possibility of an increase in the country's gross domestic product by 2.1 percent in 2014.

  • Rate Hikes On The Horizon.  // Emerging Europe Monitor: Central Europe & Baltic States;Dec2010, Vol. 17 Issue 12, p6 

    The article discusses the economic condition in Czech Republic. It mentions that the Czech National Bank (CNB) has kept its standard repo rate unaltered at the monetary policy board meeting on September 23, 2010; however the bank will likely to raise its two-week repo rate due to consumer price...

  • Rate Hikes On The Czech Horizon.  // Emerging Europe Monitor: Central Europe;Mar2004, Vol. 11 Issue 3, p1 

    After hovering around 0% for most of 2003, consumer price inflation rose to 1.0% year-on-year in December 2003, largely due to a pick-up in food prices. This is among the main factors suggesting that Czech National Bank (CNB) will start to hike interest rates. Following a period of inactivity by...

  • Granger Causality within Monetarist Transmission in the Czech Republic. Burian, Stanislav; Brčák, Josef // International Advances in Economic Research;Feb2013, Vol. 19 Issue 1, p69 

    The article discusses the causal relationships among significant instruments of the monetary policy of Czech National Bank in Czech Republic. It highlights the monetary policy's intermediate criteria and macroeconomic factors representing the country's economic performance and the local price...

  • Rates Still On Hold.  // Emerging Europe Monitor: Central Europe & Baltic States;Mar2007, Vol. 14 Issue 3, p7 

    The article offers an economic outlook for Czech Republic for 2007. The Czech National Bank (CNB) has decided to keep repurchase agreement rates on hold for the fourth month in a row. CNB governor Zdenek Tuma said that he does not expect any further hikes in the immediate future. It was...

  • Czech Republic. Fisher, Sharon // Czech Republic Country Monitor;Feb2007, p21 

    The article presents an economic outlook for Czech Republic for 2006-2007. It asserts that there is a slowdown in economic growth and large budget deficits. It indicates that Czech National Bank (CNB) is faced with monetary policy challenges which are driven by anticipated increasing inflation...

  • Strong Fundamentals, But No Carry.  // Emerging Markets Monitor;9/12/2005, Vol. 11 Issue 22, p18 

    Presents an outlook for the economy of Czech Republic in 2006. Real gross domestic product growth by the end of 2005; Percentage of increase in retail sales year-over-year from January 2005 to July 2005; Main factor underpinning economic growth in the country; Inflation forecast by the Czech...

  • Czechs maintains key rate.  // Regional Today;5/8/2014, p1 

    The article reports that the Czech National Bank is helping boost an economic recovery after a record-long recession by intervening in foreign-exchange markets for the first time in 11 years, as of May 2014.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics