• The Czech National Bank will announce its monetary policy decision at 13:00BST/14:00CEST, with the press conference with Governor Ales Michl due to follow at 14:45BST/15:45CEST. All sell-side notes reviewed by us called for no change to the policy rate. However, the Governor may reaffirm his pushback against dovish market bets, while the updated macroeconomic forecast and the Bank Board's forward guidance will provide other key main points of interest. Our full preview of the decision can be accessed here.
  • The Senate approved all three presidential nominees for Constitutional Court judges, despite controversy around former International Criminal Court Vice-President Robert Fremr's candidacy. Fremr was elected by 36 votes in favour of his appointment, as 67 out of 81 upper house members cast their ballots, after a lengthy debate about a rigged communist-era trial he was involved in as a judge. Veronika Kresttanova and Katerina Ronovska were both approved without much resistance.

CZECHIA: CNB To Stand Pat On Rates Again

Last updated at:Aug-03 07:38By: Krzysztof Kruk
  • The Czech National Bank will announce its monetary policy decision at 13:00BST/14:00CEST, with the press conference with Governor Ales Michl due to follow at 14:45BST/15:45CEST. All sell-side notes reviewed by us called for no change to the policy rate. However, the Governor may reaffirm his pushback against dovish market bets, while the updated macroeconomic forecast and the Bank Board's forward guidance will provide other key main points of interest. Our full preview of the decision can be accessed here.
  • The Senate approved all three presidential nominees for Constitutional Court judges, despite controversy around former International Criminal Court Vice-President Robert Fremr's candidacy. Fremr was elected by 36 votes in favour of his appointment, as 67 out of 81 upper house members cast their ballots, after a lengthy debate about a rigged communist-era trial he was involved in as a judge. Veronika Kresttanova and Katerina Ronovska were both approved without much resistance.

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