CZECHIA: CNB Voted Unanimously to Keep Rates Unchanged
Aug-07 13:07
Policymakers voted unanimously to hold rates unchanged at 3.50%, according to the CNB's policy statement.
- The new forecast’s baseline scenario implies a “modest decline in short-term market interest rates initially and a slight increase in 2026.”
- The board remains committed to keeping inflation near the 2% target in the long term, noting that “at present, this still requires relatively restrictive monetary policy.”
- The Bank increased 2025 average inflation forecast to 2.6% from 2.5%; raised GDP growth outlook to 2.6% from 2% in 2025 and to 2.6% from 2.1% next year.
- The Bank raised projections for the Pribor rate to 3.4% in 2025 and 2026, from 3.2% and 2.8%, respectively.
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STIR: Effective Fed Funds Rate
Jul-08 13:05
FRBNY EFFR for prior session:
- Daily Effective Fed Funds Rate: 4.33% (+0.00), volume: $118B
- Daily Overnight Bank Funding Rate: 4.33% (+0.00), volume: $263B
MNI: RPT: Livestreamed MNI Connect VC with Fed Mary Daly On July 10
Jul-08 13:00
You are invited to listen to a Livestreamed MNI Connect Video Conference with the San Francisco Fed President Mary Daly.
Details below:
- Mary Daly joins us to discuss the ‘The US Economic Outlook and Challenges for Policymakers'
- DATE: Thursday, 10 July 2025
- TIME: 2:30 pm - 4 pm ET; 11:30am - 1pm PT; 7:30pm - 9pm London
- This event will be run as a Zoom Webinar and is a public, on-the-record event.
To register please go to: MNI Webcast Registration
MNI: US REDBOOK: JUL STORE SALES +5.1% V YR AGO MO
Jul-08 12:55
- MNI: US REDBOOK: JUL STORE SALES +5.1% V YR AGO MO
- US REDBOOK: STORE SALES +5.9% WK ENDED JUL 05 V YR AGO WK
