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2021/06/14 / Erste Group Research

As the macroeconomic calendar is quite empty this week in CEE, local investors will focus on next week’s central bank meetings in Czechia and Hungary. In our view, it is likely that both central banks will begin policy normalization already this month and will hike key rates. The Czech National Bank should deliver a 25bp hike to 0.5%, while Hungarian central bank should raise the key rate by 15bp to 0.75%. Policy normalization in the region may put some pressure on the Polish central bank, which is sticking to its dovish stance thus far.

General information

AuthorErste Group Research
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusCEE, Czech Republic, Hungary
Currency in focusCzech Koruna, Hungarian Forint
Sector in focus-


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