Thursday, March 26, 2020

Czech National Bank Officials Ready to Ease More If Necessary

At an intermeeting meeting of the CNB Governing Board on March 16 reduced the two-week repo rate to 1.75% from 2.25%. Minutes of that meeting include forward guidance that further monetary relief may be undertaken. The Board agreed on the need to lower the CNB’s key interest rates and thereby ease the monetary conditions beyond […]

* This article was originally published here

No comments:

Post a Comment