The Czech National Bank left its key interest unchanged for a third policy session in a row as policymakers assessed that inflation is set to remain elevated for the rest of the year, ruling out further easing.
The Monetary Board, led by Governor Ales Michl, voted 7-0 to hold the two-week repo rate steady at 3.5 percent on Wednesday, in line with expectations. The previous change in the rate was a 25-basis points reduction in May.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.