Governor's deciding vote sees Czech rates up

The Czech Central Bank raised interest rates by a quarter of a percentage point to 2.75% on 31 May. The central bank's board was split, with three members voting for the hike and three for leaving rates unchanged. It then fell to governor, Zdenik Tma, to cast the deciding vote in favour of the rates increase.

Despite the hike, the country's interest rates remain the lowest of all 27 European Union member states. The rate rise is the central bank's first since September 27 last year and had bee

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: