The fall in Czech inflation to 7.3% y/y in November means that the start of a monetary easing cycle at next week’s policy meeting is still very much a close call. But at this stage we think it’s most likely that the central bank will keep interest rates on hold and start cutting rates in Q1.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.