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2021/03/22 / Erste Group Research

This week, local central banks in Hungary and Czechia will be in focus. We expect both rate setting meetings to confirm the current set up of monetary policy – keeping the key rates unchanged at 0.6% in Hungary and at 0.25% in Czechia. In Hungary, the spotlight will be on the new economic and inflation projections. The Czech central bank remains in a wait-and-see mode. It will likely increase interest rates in the second half of this year. However, the exact timing remains unclear due to uncertainties surrounding the pandemic and economic outlook.

General information

AuthorErste Group Research
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusCEE
Currency in focus-
Sector in focus-


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