捷克10年期国债 (CzechRepublic10Y) 加自选

捷克国家银行在2025年7月将其两周回购利率保持在3.5%不变，符合市场预期，这是继5月份降息25个基点后连续第二次暂停。贴现率和伦巴第利率也分别稳定在2.5%和4.5%。7月份，总体通胀率同比下降至2.7%，接近2%目标附近的1个百分点容忍区间的上限。央行保持谨慎的前景，理由是实现通胀目标的持续上行风险。与此同时，初步数据显示，在家庭消费的推动下，第二季度经济同比增长2.4%，这是自2022年第二季度以来的最快增长。政策制定者表示，进一步降息的空间有限，并表示货币政策在可预见的未来可能保持稳定。央行保持谨慎，继续监测服务业的通胀压力和今年晚些时候经济复苏的迹象。

The Czech National Bank kept its two-week repo rate unchanged at 3.5% in July 2025, in line with market expectations, marking a second consecutive pause following a 25-basis-point cut in May. The discount and Lombard rates also held steady at 2.5% and 4.5%, respectively. Headline inflation eased to 2.7% year-on-year in July, close to the upper limit of the 1-percentage-point tolerance band around the 2% target. The central bank maintained a cautious outlook, citing persistent upside risks to achieving the inflation goal. Meanwhile, preliminary data showed the economy expanded 2.4% year-on-year in the second quarter, driven by household consumption and marking the fastest growth since Q2 2022. Policymakers signaled limited scope for further rate cuts and indicated monetary policy is likely to remain stable for the foreseeable future. The central bank remained prudent, continuing to monitor inflationary pressures in the services sector and signs of economic recovery later this year.