Communications from central banks in Poland and Czechia this week were both on the hawkish side, but we expect a continued divergence in monetary policy over the coming year as interest rates remain on hold in the former while Czech policymakers lower rates to neutral. Next week, we expect the Russian central bank (CBR) to leave rates on hold, and we'll be watching closely for further evidence that the central bank is feeling pressure from politicians and businesses to lower interest rates, despite high inflation.
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