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.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Jyotsna V
For comments and feedback: contact editorial@rttnews.com