Czech central bank seen ‘on hold’ this week – BBH

Analysts at BBH believe the Czech central bank to keep its monetary policy unchanged at this week’s meeting.

Key Quotes

“Czech central bank meets Thursday and is expected to keep policy steady”.

“After dropping the EUR/CZK floor last month, we see no changes to policy for the time being.  If price pressures remain high, we think a tightening cycle could start in late 2017 or early 2018”.