Czech central bank expected to keep 50-bp rate cut pace

Hans Weber
March 15, 2024

PRAGUE (Reuters) – The Czech National Bank is likely to deliver another 50-basis-point interest rate cut next week, with a weaker crown and remaining price pressures tempering thoughts of quicker monetary easing, a Reuters poll showed on Friday.

Policymakers delivered rate cuts of 25 and 50 basis points, in December and February respectively, in an easing cycle that reduced borrowing costs from more than two-decade highs.

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