Czech central bank board member prefers to leave rates on hold at June meeting ...Middle East

So, this is not about the European Central Bank meeting today, Thursday, June 5, 2025. Its an outlook piece re the Czech National Bank:

board member Jakub Seidler signalled a preference for keeping interest rates unchanged at the upcoming June meeting, citing persistent inflation risks—particularly in services, wages, and farm producer prices.Seidler spoke in an interview with Ekonom weekly, conducted before the release of stronger-than-expected May inflation data, said inflation pressures remain in key areas, arguing against further easing for now

The Czech central bank cut rates by 25 basis points to 3.50% in May, continuing a cycle that began in December 2023, but has since adopted a more cautious stance about additional cuts.

This article was written by Eamonn Sheridan at www.forexlive.com.

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