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2026-10-27 14:35:02 UTC

Fiat News 💵📰 on Nostr: The Czech National Bank could raise interest rates again at its November meeting, but ...

The Czech National Bank could raise interest rates again at its November meeting, but such a move would not mark the start of a sustained tightening cycle, board member Jakub Seidler said.

"Resilient demand in the Czech economy and higher energy prices speak in favor of another interest rate increase at the next CNB board meeting," Seidler said, citing domestic demand and energy-driven inflationary pressures as the main near-term drivers.

Seidler’s comment frames a potential November hike as a response to current pressures rather than the beginning of an extended path of rate increases. #CNB #CzechRepublic #interestrates #JakubSeidler #FiatNews