FX.co ★ Czech National Bank Holds Interest Rates Steady

In November 2025, the Czech National Bank held its two-week repo rate steady at 3.5%, in line with market predictions. This decision marks the fourth consecutive period without a change. The bank also kept the discount rate at 2.5% and the Lombard rate at 4.5%. Headline inflation climbed to 2.5% in October, surpassing projections but still within the central bank's target range of 2% ±1 percentage point. The economy demonstrated resilience, with GDP growing by 2.7% year-on-year in the third quarter, the fastest growth rate since the second quarter of 2022.