{"id":6622,"date":"2018-11-01T15:42:59","date_gmt":"2018-11-01T14:42:59","guid":{"rendered":"https:\/\/praguebusinessjournal.com\/?p=6622"},"modified":"2018-11-01T15:42:59","modified_gmt":"2018-11-01T14:42:59","slug":"cnb-votes-to-hike-interest-rates","status":"publish","type":"post","link":"https:\/\/praguebusinessjournal.com\/cnb-votes-to-hike-interest-rates\/","title":{"rendered":"CNB Votes To Hike Interest Rates"},"content":{"rendered":"<p>The Czech central bank\u2019s governing board voted 5-2 in favour of a 25 basis point interest rate hike on Thursday, the bank said.<\/p>\n<p>&nbsp;<\/p>\n<p>One of the dissenters voted for a 50 basis point hike, and one voted for no change in policy settings, the bank said in a presentation.<\/p>\n<div>\n<div class=\"DPSlot_container StandardArticleBody_dp-slot-inline StandardArticleBody_inline-canvas\">\n<div id=\"dpslot_canvas_2072518_USP7N1KW00D\" class=\"DPSlot_ad-container\"><\/div>\n<\/div>\n<\/div>\n<p>It said the board saw risks to the bank\u2019s new economic forecasts to be slightly pro-inflationary, mainly from a prolonged duration of global factors that weaken the Czech crown\u2019s exchange rate.<\/p>\n<div>\n<div class=\"DPSlot_container StandardArticleBody_dp-slot-inline\">\n<div id=\"dpslot_native_1283236_USP7N1KW00D\" class=\"DPSlot_ad-container\"><\/div>\n<\/div>\n<\/div>\n<p>The bank said after the previous board meeting in September that the board assessed risks to the previous quarterly forecast as balanced.<\/p>\n<p>&nbsp;<\/p>\n<p>The new forecast assumes an average 2019 three-month interbank market rate, seen as proxy for the policy rate, 0.3 percentage points higher than previously at 2.0 percent.<\/p>\n<div class=\"Attribution_attribution\"><\/div>\n<div>This article originally appeared in <a href=\"https:\/\/www.reuters.com\/article\/czech-rates-statement\/czech-central-bank-votes-5-2-for-25-bps-hike-sees-slight-upside-price-risks-idUSP7N1KW00D\">Reuters<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Czech central bank\u2019s governing board voted 5-2 in favour of a 25 basis point interest rate hike on Thursday, the bank said. &nbsp; One of the dissenters voted for a 50 basis point hike, and one voted for no change in policy settings, the bank said in a presentation. It said the board saw &#8230; <a title=\"CNB Votes To Hike Interest Rates\" class=\"read-more\" href=\"https:\/\/praguebusinessjournal.com\/cnb-votes-to-hike-interest-rates\/\" aria-label=\"Read more about CNB Votes To Hike Interest Rates\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":4658,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[18,20,3],"tags":[241],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CNB Votes To Hike Interest Rates - Prague Business Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/praguebusinessjournal.com\/cnb-votes-to-hike-interest-rates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CNB Votes To Hike Interest Rates - Prague Business Journal\" \/>\n<meta property=\"og:description\" content=\"The Czech central bank\u2019s governing board voted 5-2 in favour of a 25 basis point interest rate hike on Thursday, the bank said. &nbsp; One of the dissenters voted for a 50 basis point hike, and one voted for no change in policy settings, the bank said in a presentation. It said the board saw ... 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