CZ: CNB decision in line with expectations
Instant Comment , 6. Feb
CNB cuts interest rates
In line with expectations, the CNB reduced interest rates at its meeting today. The main rate is now at 3.75%. The press conference begins at 3 PM, after which we will release a detailed commentary.
We expect only a mild impact on the koruna at this time; the press conference may have more influence if it provides new information.