Overview of the latest economic events in the Czech RepublicThe Czech National Bank (CNB) has announced that it bought over 20 tonnes of gold last year in a bid to increase...
ECB
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The last few days have been packed with macroeconomic events and data. Some of the news came from the US, some from Europe. But interestingly, in the main...
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The Governing Council decides to cut the ECB's three key interest rates by 25 basis points
From zbysekThe decision to cut the deposit facility rate - the rate through which the Governing Council steers the monetary policy stance - is based mainly on its updated assessment of...
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The euro and the dollar are now pitted against each other. The Fed will cut interest rates much more slowly than the ECB
From zbysekGerman car giant Volkswagen has announced concrete plans to close several of its production plants in Germany. Volkswagen's German automobile union will advise members...
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Speculation is growing on the market about a possible ECB rate cut of 50 basis points in December.
From zbysekFRANKFURT, 24 October - Some European Central Bank (ECB) rate-setters have floated the idea of a possible 50 basis point rate cut, which...
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Photo: Xinhua/Zhang Fan FRANKFURT, Jan. 25, 2024 (Xinhua) -- European Central Bank (ECB) President Christine Lagarde is pictured ahead of a press conference in...
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The US Fed and the European Central Bank seem to have put a stop to interest rate hikes
From Editorial staffWhat was 2023 like in economic terms? From the Czech point of view, in a word - weak. In terms of GDP, the Czech economy is declining. Specifically in 3....
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