Czech National Bank raises its rate to 4%, second hike this year
The Czech National Bank raised its main rate by 0.25 point to 4% on November 5. The new rates apply from November 6.
الحدث: 5 نوفمبر 2026
المصدر الأساسي: 5 نوفمبر 2026
نُشر هنا: 5 نوفمبر 2026 في 01:33 م UTC
اقرأ: 2 دقيقة
ماذا حدث
The Czech National Bank (CNB) Bank Board raised its two-week repo rate (2W repo) by 0.25 point to 4.00% on November 5. The discount rate rose to 3.00% and the Lombard rate to 5.00%. The new rates apply from November 6.
لماذا يهمك
The CNB rate sets the cost of loans and deposits in koruna. In a Bloomberg survey, all but one economist expected a hike to 4%. It is the second hike of 2026. The Bank of England also raised its rate to 4% the same day.
ماذا تتحقق منه وتراقبه
The reasons come from Governor Aleš Michl's press conference and the CNB forecast. Watch the koruna. This is an overview, not financial advice.
أين يحدث ذلك
LIVEاسحب للتدوير. النقاط الخضراء: البورصة تتداول الآن (الساعات العادية، دون احتساب العطل). الظل: حيث الليل الآن. الحدود: Natural Earth، الزلازل: USGS. فكرة الطبقات: God’s Eye View (MIT).
What happened. On November 5 the Czech National Bank Bank Board raised the two-week repo rate by 0.25 point to 4.00%. This is the CNB's main rate. The discount rate rose by the same amount to 3.00%, and the Lombard rate to 5.00%. The new levels apply from November 6, 2026.
What was expected. Bloomberg reported in the morning that all but one economist in its survey expected a hike to 4%. It called this the second hike of the year and linked it to strong domestic demand and higher energy prices.
What else we know. The CNB press release gives only the numbers. Governor Aleš Michl explains the reasons at a press conference at 3 pm Prague time. The bank also publishes a monetary policy report section with its outlook.
Why it matters. Rates are rising again in Europe: the Riksbank raised to 2% on November 4, the Bank of England to 4% on November 5, and now the Czech Republic. Czech floating-rate loans get more expensive, and savings may pay a bit more. This is our view.
What we don't know. Whether more hikes follow. How the koruna reacts. What inflation forecast the CNB gives.
حقائق مؤكدة
- On November 5, 2026 the CNB Bank Board raised the 2W repo rate by 0.25 point to 4.00%.[1]
- The discount rate rose to 3.00% and the Lombard rate to 5.00%.[1]
- The new rates apply from November 6, 2026.[1]
- Governor Aleš Michl's press conference was set for 3 pm Prague time.[1]
- In a Bloomberg survey, all but one economist expected a hike to 4%; it is the second hike of 2026.[2]
التبعات
- مؤكدThe Czech main rate is now 4.00%.
- قراءتناFloating-rate koruna loans are likely to get more expensive. This is our view.
لا يزال مجهولًا
- Whether more hikes follow in 2027
- How the koruna reacts
- What inflation forecast the CNB gives
من يتأثر
Czech Republic, Europe. Anyone with a loan or savings in koruna, and anyone who follows European interest rates
المصادر
- Czech National Bank: CNB increases interest rates 5 نوفمبر 2026 · رسمي
- Bloomberg: Czechs Set for Second Rate Hike This Year as Price Risks Persist 5 نوفمبر 2026 · إعلام
الغلاف: رسم Freekonomist، صورة رمزية، لا صورة للحدث. هذا شرح إخباري، لا نصيحة مالية.
المزيد من القصص
Binance and Deribit remove all SignalPlus API keys: what traders should check
Crypto options platform SignalPlus reported a potential security issue. Binance and Deribit removed every API key linked to it.
Malaysia keeps its OPR rate at 2.75% but warns about inflation
Malaysia's central bank held its policy rate at 2.75% on November 5 but said inflation is likely to edge higher in 2027.
بنك إنجلترا يرفع الفائدة إلى 4%، التصويت 8–1
في 5 نوفمبر رفع بنك إنجلترا سعر الفائدة الأساسي بمقدار 0.25 نقطة إلى 4%. وكان قبل ذلك 3.75%. كان التصويت 8–1. 1 أعضاء أرادوا رفعاً بمقدار 0.5 نقطة. هذا ما توقعته الأسواق.
Morning brief by email
The night's key moves and what matters today, in 2 minutes. One-click unsubscribe.
BloFin
3M
7M
40M
60M
80M
250M