{"id":7369,"date":"2019-06-26T16:50:43","date_gmt":"2019-06-26T15:50:43","guid":{"rendered":"https:\/\/praguebusinessjournal.com\/?p=7369"},"modified":"2019-06-26T16:50:43","modified_gmt":"2019-06-26T15:50:43","slug":"cnb-votes-to-hold-interest-rates","status":"publish","type":"post","link":"https:\/\/praguebusinessjournal.com\/cnb-votes-to-hold-interest-rates\/","title":{"rendered":"CNB Votes To Hold Interest Rates"},"content":{"rendered":"<p>Six of the seven board members of the Czech National Bank voted on Wednesday to keep the benchmark rate unchanged at 2 percent, bank governor Ji\u0159\u00ed Rusnok told a news conference.<\/p>\n<p>&nbsp;<\/p>\n<p>The central bank had voted unanimously in May to raise borrowing costs for an eighth time in two years. At the policy-setting meeting on Wednesday, one board member voted to raise interest rates by a quarter of a percentage point.<\/p>\n<p>&nbsp;<\/p>\n<p>The bank\u2019s latest outlook assumes no policy change for a year. Although inflation unexpectedly accelerated in May towards the top of its 1-3 percent tolerance band, Rusnok said the jump had been driven mainly by volatile food prices and so there was no reason to react.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Six of the seven board members of the Czech National Bank voted on Wednesday to keep the benchmark rate unchanged at 2 percent, bank governor Ji\u0159\u00ed Rusnok told a news conference. &nbsp; The central bank had voted unanimously in May to raise borrowing costs for an eighth time in two years. At the policy-setting meeting &#8230; <a title=\"CNB Votes To Hold Interest Rates\" class=\"read-more\" href=\"https:\/\/praguebusinessjournal.com\/cnb-votes-to-hold-interest-rates\/\" aria-label=\"Read more about CNB Votes To Hold Interest Rates\">Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":7371,"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],"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 Hold 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-hold-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 Hold Interest Rates - Prague Business Journal\" \/>\n<meta property=\"og:description\" content=\"Six of the seven board members of the Czech National Bank voted on Wednesday to keep the benchmark rate unchanged at 2 percent, bank governor Ji\u0159\u00ed Rusnok told a news conference. &nbsp; The central bank had voted unanimously in May to raise borrowing costs for an eighth time in two years. At the policy-setting meeting ... 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