Inflation Risks To Keep Czech Central Bank On Pause Until March 2024
Country Risk / Czech Republic / Tue 21 Nov, 2023
Key View
- Our view is for the Czech National Bank (CNB) to begin its easing cycle in March 2024 as the trajectory for near-term inflation remains highly uncertain.
- Much will hinge on the January outturn due to uncertainty over sharp increases in prices which Czech firms tend to front-load for the year in January.
- Nevertheless, we expect the