CNB cuts interest rates

At its meeting today, the CNB Bank Board lowered the two-week repo rate (2W repo rate) by 0.25 percentage point to 3.50%. At the same time, it lowered the discount rate by the same amount to 2.50% and the Lombard rate to 4.50%. The new interest rate levels come into effect on 9 May 2025.

A press conference for accredited journalists attended by Governor Aleš Michl will be held at 3 p.m. in the Commodity Exchange building, room MP614 (Senovážné náměstí 30, Prague 1).

Accredited journalists must confirm their attendance at the press conference by e-mail (media@cnb.cz) or telephone (+420 736 538 759) by 2.30 p.m. today.

Jakub Holas
Director of the CNB Communications Division