Czechs Hold Rates as New Government’s Plans Blur Inflation Path
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Ales MichlThe Czech central bank held borrowing costs at its last policy meeting of the year after the new government’s plans blurred the inflation outlook and investors curbed bets on an interest rate hike next year.Policymakers in Prague kept the benchmark rate at 3.5% for a fifth meeting on Thursday, in line with expectations. The focus will be on signals about the policy path for 2026 when Governor Ales Michl comments on the decision at a 3 p.m. news conference.