Banks › Czech National Bank › History › 17 Sept 2026
Czech National Bank: decision of 17 September 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
- 17 Sept 2026
- Data
- JSON
What the bank said
The Bank Board said the June rate increase had so far led to a sufficient tightening of monetary conditions, and that higher longer-term interest rates had tightened financial conditions.
It said the updated forecast showed inflation temporarily increasing in late 2026 and early 2027, with core inflation still elevated.
It said the upside risk to inflation from commodity market developments had intensified.
Guidance. The Bank Board said that at its next meeting it will decide between keeping interest rates unchanged and raising them.
“At its next meeting, the Bank Board will decide between keeping interest rates unchanged and raising them.”
Before and after
- Previous decision: 6 Aug 2026, held the two-week repo rate (2W repo rate) at 3.75%.
- Next scheduled meeting: (calendar).
- All Czech National Bank decisions and the rate history