No Rate Hikes In 2010

June 2010
Emerging Europe Monitor: Central Europe & Baltic States;Jun2010, Vol. 17 Issue 6, p1
Country Report
The article forecasts the economic condition of Czech Republic in 2010. It notes that the monetary policy committee (MPC) of the Czech National Bank (CNB) will keep the two-week repo rate at 1.00% through to the end of 2010. It further states that domestic consumption is expected to increase by only 0.5%. Moreover, it mentions that the CNB will be hesitant to add to appreciatory pressures on its monetary unit koruna due to the move of the European Central Bank not to hike rates until 2011.


Related Articles

  • CZK: Little Pressure For Appreciation.  // Emerging Markets Monitor;5/24/2010, Vol. 16 Issue 8, p16 

    The article presents an outlook on the economic conditions in the Czech Republic for 2010 to 2011. It states that further koruna weakness is possible in the short term and risk aversion in Europe will remain prevalent. It mentions that mild appreciation of the koruna against the euro is expected...

  • Rate Hike Delayed.  // Emerging Europe Monitor: Central Europe & Baltic States;Apr2011, Vol. 18 Issue 4, p7 

    The article offers information on the outlook of the economy of Czech Republic based on the forecast of Business Monitor International (BMI) Ltd. for 2011-2012. It mentions that Czech National Bank has maintained the interest rate at 0.75% after its monetary policy committee (MPC) meeting in...

  • Czech Rates To Fall Again.  // Emerging Markets Monitor;10/14/2002, Vol. 8 Issue 26, p15 

    Deals with the growing expectations of a rate cut by the Czech National Bank by the end of October 2002. Revision made by the finance ministry on growth forecast for gross domestic product in 2002 and 2003; Factor limiting the economic growth of the Czech Republic; Fears raised by the strength...

  • Inflation Starting To Slide?  // Emerging Europe Monitor: Central Europe & Baltic States;Jun2008, Vol. 15 Issue 6, p1 

    The article presents an economic outlook on inflation rate in the Czech Republic for 2008. It is viewed that aggregate price pressures will remain a concern for the Czech economy. Real gross domestic product growth rate, on the other hand , is expected to increase in 2008 but will slowdown in...

  • Rates On Hold Through 2012.  // Emerging Europe Monitor: Central Europe & Baltic States;Apr2012, Vol. 19 Issue 4, p8 

    The article reports that the interest rates (IR) will be kept on hold at 0.75 percent in 2012 by the Czech National Bank (CNB). The decision has been taken owing to the weak economic growth outlook for the economy of the Czech Republic. However, the prospect of rise in consumer price inflation...

  • ECONOMY.  // Background Notes on Countries of the World: Czech Republic;Sep2007, p5 

    The article presents information on the economy of the Czech Republic since it gained independence in 1993. It states that as one of the most developed and industrialized economies, Czech Republic, has a well-educated population and a well-developed infrastructure. Principal industries such as...

  • Country Intelligence: Report: Czech Republic.  // Czech Republic Country Monitor;Dec2012, p1 

    The article provides the outlook for the economic performance of Czech Republic for 2013. It expects that the economy for the late 2012 through 2013 will be worsened amidst the falling situation elsewhere in Europe. It reveals that the monetary policy has failed to boost growth which resulted to...

  • Fiscal Risks For The Koruna.  // Emerging Europe Monitor: Central Europe;Dec2002, Vol. 9 Issue 12, p6 

    Reports that Czech National Bank (CNB) has reduced its key two-week repurchase rate by 25 basis points as of October 2002. Economic conditions of the country previous to the reduction in the rates; Impact of the decision on market conditions; Concerns of CNB regarding financial condition of the...

  • 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...


Read the Article


Sign out of this library

Other Topics