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Czech Republic extends pause while Moldova raises rates

CNB leaves door open to rate rise while Moldova presses on with third hike since May

Flags of Czech Republic and Moldova

The Czech National Bank (CNB) held its policy rate and said it would decide whether to raise rates at its next meeting

Meanwhile, the National Bank of Moldova raised rates for the third time since May to counter an inflation overshoot driven by rising energy costs.

CNB holds

The CNB voted unanimously on September17 to keep the two-week repurchase rate at 3.75%, thereby extending a hold that has been in place since the last increase in June. Annual inflation stood at 1.9% in August, while core

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