Rates Still On Hold

March 2007
Emerging Europe Monitor: Central Europe & Baltic States;Mar2007, Vol. 14 Issue 3, p7
Country Report
Country Report
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 predicted that the CNB will hike interest by 25 basis points during the second half of 2007 because of economic expansion and to reduce the potential for using the koruna as a funding currency for carry trade.


Related Articles

  • 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.

  • Low Inflation with Low Interest Rates. Horsk´┐Ż, Helena // Czech Business & Trade;2005, Issue 9/10, p7 

    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....

  • 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...

  • 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...

  • Rate Hike Still To Come.  // Emerging Europe Monitor: Central Europe & Baltic States;May2008, Vol. 15 Issue 5, p7 

    The article reports on the repo rate predicted for Czech National Bank (CNB) in 2008. CNB has left its key two-week repo rate at 3.75% on March 26, 2008. It is forecasted that CNB will increase by a further 25 bps in 2008 though it is acknowledged that global economic uncertainties have elevated...

  • Czech Republic: Central Bank Hints At Interest Rate Hikes.  // Emerging Markets Monitor;4/23/2007, Vol. 13 Issue 3, p18 

    The article discusses the probability that the next change in the benchmark rate of the Czech National Bank (CNB) would be on the upside from the current 2.5% as announced by Zdenek Tuma, CNB governor in April 2007. Tuma says that there are indications of inflationary pressures building up in...

  • 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.

  • 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...


Read the Article


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

Try another library?
Sign out of this library

Other Topics