Analysts: Czech central bank likely to raise rates for third consecutive

The financial markets expect the Czech National Bank will raise its repurchase rate again by 25 basis points at its meeting at the end of September, to 1.50%, business daily Hospodářské noviny reports.

J&T Bank chief economist Petr Sklenář noted it would be the first time ever that the Czech central bank had raised interest rates three times in a row.

Author: Brian Kenety