The financial markets expect the Czech National Bank will raise its repurchase rate again by 25 basis points at its meeting at the end of September, to 1.50%, business daily Hospodářské noviny reports.
J&T Bank chief economist Petr Sklenář noted it would be the first time ever that the Czech central bank had raised interest rates three times in a row.
March 15, 1939 – The day Czechoslovakia ceased to exist
“The English don’t do it that way”: three generations of a Prague family in London
Czech firms increasingly doing business with each other in euros
Prague tops post-communist capitals in Mercer quality of living survey
DNA test traces direct descendants of Great Moravian noblemen