When will the Czech National Bank raise interest rates?
Czech economists are talking about the growth rates in the near future.
When will the Czech National Bank raise interest rates?
The Czech National Bank may raise the interest rate earlier than planned. This was announced this week by CNB manager Jiří Rusnok. The increase in the interest rate will also affect the loans for companies - in the direction of the rise in price.
The growth of CNB rates is fueled by the rapid growth of wages. People began to spend more money, they put pressure on inflation. At the same time, the crown rate practically stands still.
As Raiffeisenbank analyst Yakub Cervenka says, the interest rate increase may occur after the meeting of the CNB's banking council in August. The possibility of an early change in interest rates also allows economists and other Czech banks.
When will the Czech National Bank raise interest rates?
The Czech National Bank may raise the interest rate earlier than planned. This was announced this week by CNB manager Jiří Rusnok. The increase in the interest rate will also affect the loans for companies - in the direction of the rise in price.
The growth of CNB rates is fueled by the rapid growth of wages. People began to spend more money, they put pressure on inflation. At the same time, the crown rate practically stands still.
As Raiffeisenbank analyst Yakub Cervenka says, the interest rate increase may occur after the meeting of the CNB's banking council in August. The possibility of an early change in interest rates also allows economists and other Czech banks.
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