Czech central bank holds interest rates steady

Kitco Media
By Reuters
Published:
Updated:
Reuters
PRAGUE, May 3 (Reuters) - The Czech National Bank (CNB) held interest rates unchanged as expected on Wednesday, with markets eyeing whether policymakers will keep their hawkish rhetoric as inflation eases slowly and wage pressures persist. All analysts in a Reuters poll had expected the central bank to leave its main two-week repo rate at 7.00%, where it has sat since June 2022 following a year-long hiking cycle totalling 675 basis points. (Reporting by Jan Lopatka and Robert Muller Editing by Jason Hovet and Christina Fincher )

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