Research Detail
| 2022/06/20 / Erste Group Research |
Due to soaring inflation, it is more than evident that further tightening will be delivered by the CNB this week, but the size of the hike remains unclear. Whereas the market expects 125bp hike, we lean towards a 100bp step which would bring the key rate up to 6.75%. June hike will probably be the last during this cycle, and we expect November to bring the first rate cut, as inflation should ease. |
|
|
General information
| Author | Erste Group Research |
| Date | 2022/06/20 |
| Language |  |
| Product name | Video |
| Topic in focus | FX, Macro/ Fixed income |
| Economy in focus | CEE, Czech Republic |
| Currency in focus | Czech Koruna |
| Sector in focus | - |
| Download |