The press release accompanying the Czech National Bank’s MPC meeting, at which the policy rate and the exchange rate ceiling were left unchanged, was dovish but less so than in March. As a result, while we expect monetary conditions to remain very loose, we think additional policy easing now looks unlikely.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services