Czech National Bank Keeps Policy Rate at 3.5% as Inflation Signals Diverge
The Czech National Bank has kept its two-week repo rate unchanged at 3.5%, pausing its easing cycle that began in mid-2025. The move leaves the discount rate at 2.5% and the Lombard rate at 4.5%. Policymakers signalled caution as headline inflation is projected to drop to 1.6% in January 2026 while core and services inflation show upward movement, …