CNB to keep rates unchanged – Danske Bank

Analysts at Danske Bank point out that today, the Czech Republic's central bank (CNB) will announce its decision on the policy rate.

Key Quotes

“The CNB delivered a 25bp hike at its November meeting but, as this was anticipated by the market, we believe it is more important to watch out for the CNB's next step. Given some slightly disappointing data releases recently, we maintain the view that the CNB will keep rates unchanged at its 21 December meeting but move on with additional hikes in 2018.”