Interest rates may climb again

Published: 27.09.2017 Related countries:  Israel Israel

Economy is doing well, will interest rate of Czech currency go up?

Czech economy is doing well, wages are growing rapidly and inflation exceeds 2%. According to economists, Czech economy is showing signs of overheating. Czech National Bank will thus probably discuss additional rate hike on its next session. The important decision will probably be made in November 2017, when the bankers will have access to the new economic forecast from CNB’s analytical department.