Interest rate decision · Czech Republic
Czech Republic CNB Interest Rate Decision
The Czech Republic CNB Interest Rate Decision is the Czech National Bank's announcement of its main policy rate, the two-week repo rate. It is the price of money in the Czech Republic: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.
- महत्व
- Medium
- जारी
- About every six weeks
- अगली रिलीज़
- मुद्रा
- CZK · Czech koruna
- केंद्रीय बैंक
- The Czech National Bank
नवीनतम आँकड़े
नवीनतम रिलीज़ 2026-11-05 को प्रकाशित हुई और 4% रही। यह 4.0% की आम सहमति के अनुरूप है। यह पिछली बार के 3.75% से अधिक है।
अनुमान के अनुरूप नतीजा आमतौर पर कम प्रतिक्रिया देता है: यह पहले से कीमत में शामिल था।
पिछली 12 रिलीज़ में यह 3.5% से 4% के बीच रहा, औसत 3.6%।
| जारी | अवधि | वास्तविक | अनुमान | पिछला |
|---|---|---|---|---|
| 5 Nov 2026 | – | 4% | 4.0% | 3.75% |
| 17 Sep 2026 | – | 3.75% | 3.75% | 3.75% |
| 6 Aug 2026 | – | 3.75% | 3.75% | 3.75% |
| 18 Jun 2026 | – | 3.75% | 3.75% | 3.5% |
| 7 May 2026 | – | 3.5% | 3.5% | 3.5% |
| 19 Mar 2026 | – | 3.5% | 3.5% | 3.5% |
| 5 Feb 2026 | – | 3.5% | 3.5% | 3.5% |
| 18 Dec 2025 | – | 3.5% | 3.5% | 3.5% |
| 6 Nov 2025 | – | 3.5% | 3.5% | 3.5% |
| 24 Sep 2025 | – | 3.5% | 3.5% | 3.5% |
| 7 Aug 2025 | – | 3.5% | 3.5% | 3.5% |
| 25 Jun 2025 | – | 3.5% | 3.5% | 3.5% |
यह क्यों मायने रखता है
No release moves markets more directly. The rate decides what holding the Czech koruna pays, so the currency, government bond yields, bank shares and the whole stock market react within seconds. Markets usually price the decision in advance, so the surprise, and the tone of the statement and press conference, matter as much as the number: a hold with a hawkish message can lift the currency more than an expected hike.
गणना कैसे होती है
There is nothing to calculate: the rate is set by a vote of the central bank's policy committee at scheduled meetings. The committee weighs inflation against its target, the labour market, growth and financial conditions. Most decisions move in steps of 0.25 percentage point; 0.50 or more signals urgency.
Taylor rule (a rough guide many economists use):
rate ≈ neutral rate + inflation + 0.5 × (inflation − target) + 0.5 × output gapबदलावों का अर्थ
- Compare the decision with the consensus: a surprise move is rare and causes the largest reactions.
- Read the statement for changes in wording; "further tightening may be needed" versus "policy is appropriate" is what traders act on.
- Look at the vote split: dissents in one direction often foreshadow the next move.
- A hike or hawkish hold usually lifts the Czech koruna and bond yields; a cut or dovish tone does the opposite. Stocks usually prefer lower rates unless the cut signals a weakening economy.
उम्मीद से ज़्यादा: A higher rate than expected (or a hawkish surprise) usually lifts the Czech koruna and bond yields and weighs on stocks.
उम्मीद से कम: A lower rate than expected usually weakens the Czech koruna, lowers bond yields and supports stocks.
संक्षिप्त इतिहास
Central banks have set lending rates since the Bank of England raised its Bank Rate in the 18th and 19th centuries to defend its gold reserves. Since New Zealand adopted formal inflation targeting in 1990, most central banks set rates to keep inflation near a target, usually 2%.
प्रश्न
What is the Czech Republic CNB Interest Rate Decision?
The Czech Republic CNB Interest Rate Decision is the Czech National Bank's announcement of its main policy rate, the two-week repo rate. It is the price of money in the Czech Republic: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.
What was the latest Czech Republic CNB Interest Rate Decision?
4%, published on 5 November 2026 (consensus 4.0%, previous 3.75%).
When is the next Czech Republic CNB Interest Rate Decision?
On Thursday 17 December 2026 at 13:30 UTC.
When is the Czech Republic CNB Interest Rate Decision announced?
On the dates of the Czech National Bank's scheduled policy meetings, published a year in advance; the calendar above shows the next one.
Why do markets move before the decision?
Interest-rate futures and swaps price the expected decision days ahead; on the day, only the difference from those expectations moves prices.
केवल शैक्षिक सामग्री, निवेश सलाह नहीं। आँकड़े हमारे कैलेंडर में दर्ज प्रकाशित नतीजे हैं; बताई गई बाज़ार प्रतिक्रियाएँ सामान्य हैं, गारंटीशुदा नहीं।