The CNB’s board of governors meets today, and an interest-rate increase is possible. Nine out of 15 analysts asked by Reuters do not expect an interest rate change today, the rest expect a 25 bps increase or an equal chance of a 25 bps increase and no increase. In any case, the effect of the CNB decision – which should be known around 2 pm CET - on the local equity market should be marginal.
(Jiri Soustruznik)