ČNB’s shocking rate hike will strengthen CZK, weaken resi market

There was never any doubt that the Czech National Bank was going to raise its base interest rate last Thursday. It’s been paving the way for months now, inching rates up first in 25 bps increments. More recently it shocked some onlookers with a 75 bps jump. But last week’s 125 bps bombshell had the … Continue reading ČNB’s shocking rate hike will strengthen CZK, weaken resi market