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CNB

Czech National Bank

CNBCzech Republic·CZK

Two-week repo

3.50%

as of 2025-05-07

Next meeting

Jun 18

T-22d

The Czech National Bank (Česká národní banka) is the central bank of the Czech Republic, operating under a flexible inflation-targeting framework with a 2 percent target. The CNB Bank Board holds eight monetary policy meetings per year on a pre-announced schedule to set the two-week repo rate, which is the main policy rate.

Meeting Schedule (2026)

Feb 5Mar 19May 7Jun 18Aug 6Sep 17Nov 5Dec 17

Policy decisions are announced on the dates above. Source: official central bank schedules.

Primary Currency
CZK
Cross-firm view, consensus targets, and live rate

Two-week repo

3.50%

As of 2025-05-07

Recent Commentary on CNB

Updated 12 days ago

5 most-recent items prefer LLM synthesis where available

ING THINK

Czech consumer remains resilient so far

The desk sees the resilience of Czech consumers as a stabilizing factor for the koruna, with March retail sales exceeding expectations, indicating robust household finances. Per the full note from…

May 11, 2026
BIS SPEECHES

Aleš Michl: Forever hawkish

The desk interprets Aleš Michl's recent remarks as a clear signal of ongoing hawkishness from the Czech National Bank (CNB), suggesting that monetary policy will remain tight in the near future. Per…

May 5, 2026central-bank
ING THINK

CNB preview: Rates set to stay on hold as Hormuz bites

The Czech National Bank (CNB) is expected to maintain its current interest rate stance in light of rising inflation and slowing economic growth. Per the full note from ing-think, the CNB is likely to…

Apr 30, 2026

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