Banks › Czech National Bank › History › 6 Aug 2026
Czech National Bank: decision of 6 August 2026
The CNB Bank Board kept the two-week repo rate unchanged at 3.75%, with the discount rate at 2.75% and the Lombard rate at 4.75%.
Decision
hold
- Rate
- 3.75%=3.75%
- Change
- 0 bp
- Vote
- unanimous
- Announced
- 14:30 Prague time
Sources
- Statement
- cnb.cz/en/cnb-news/press-releases/CN…
- Minutes
- cnb.cz/en/monetary-policy/bank-board…?tab=record
- Press conference presentation
- cnb.cz/export/sites/cnb/en/monetary-…
- Press conference Q&A transcript
- cnb.cz/en/monetary-policy/bank-board…?tab=transcript
- Recorded
- 6 Aug 2026
- Data
- JSON
What the bank said
The Bank Board said the June rate increase had brought about the desired tightening of monetary conditions.
It said core inflation had stayed just below 3% for eight months without a significant downward tendency, and the new forecast put inflation at 2% on average this year and 2.5% next year.
It noted that the forecast for GDP growth this year had been lowered from 2.5% to 2.2%.
Guidance. The Bank Board said its main strategy now is a period of assessing new data, the outlook, inflationary risks and the effect of the monetary restriction.
“The rate increase at the previous meeting brought about the desired tightening of monetary conditions.”
Before and after
- Previous decision: 18 Jun 2026, raised the two-week repo rate (2W repo rate) by 25 bp to 3.75%.
- Next decision: 17 Sept 2026, held the two-week repo rate (2W repo rate) at 3.75%.
- All Czech National Bank decisions and the rate history