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Czech Republic Interest Rate Decision

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Czech Republic Interest Rate Decision

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Mar 20, 2024
Actual
5.75%
Forecast
5.75%
Previous
6.25%
The Czech National Bank (CNB) Monetary Policy Committee's decision on where to set the benchmark interest rate. As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely.

A higher than expected rate is positive/bullish for the CZK, while a lower than expected rate is negative/bearish for the CZK.
Importance:
Country:
Currency: CZK
Source: Czech National Bank
Czech Republic Interest Rate Decision
 
Release Date Time Actual Forecast Previous
May 02, 2024 13:30     5.75%
Mar 20, 2024 14:30 5.75% 5.75% 6.25%
Feb 08, 2024 14:30 6.25% 6.50% 6.75%
Dec 21, 2023 14:30 6.75% 6.75% 7.00%
Nov 02, 2023 14:30 7.00%   7.00%
Sep 27, 2023 13:30 7.00% 7.00% 7.00%

News

Analysis

ING Economic and Financial Analysis
Our Latest Calls for Central Banks By ING Economic and Financial Analysis - Oct 04, 2023

Major central bank forecasts Federal Reserve Our call: No further rate hikes with cuts starting from Spring 2024 Rationale: The Federal Reserve continues to signal the potential for a further rate...

ING Economic and Financial Analysis
FX Daily: Looking Beyond the Bond Sell-off By ING Economic and Financial Analysis - Aug 04, 2023

USD: Time to re-focus on Fed pricing? EUR: Stabilising GBP: A hawkish 25bp hike by the BoE CZK: CNB formally ended the FX intervention regime USD: Time to re-focus on Fed pricing? US bonds remained...

ING Economic and Financial Analysis
FX Daily: US Treasury Wobble Unnerves Risk Assets By ING Economic and Financial Analysis - Aug 03, 2023

USD: Tracking Treasuries Wednesday's session was all about the US bond market and the sell-off at the long end of the curve. US 30-year Treasury yields were briefly 15bp higher. And far from the...

Interest Rate Decision Discussion

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