http://www.fxstreet.com/fundamental/interest-rates/czech-republic-cnb-reacts-to-too-strong-czk/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/interest-rates/czech-republic-cnb-reacts-to-too-strong-czk/2008-08-07.htmlThe Czech central bank (CNB) today cut its key policy rate by 25bp to 3.50% - this was in line with our expectation, but contrary to consensus forecasts. Although the consensus was looking for unchanged rates, a large minority (including us) had anticipated a cut - so it was not a totally unexpected move today.Thu, 07 Aug 2008 13:56:11 GMThttp://www.fxstreet.com/fundamental/interest-rates/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/interest-rates/czech-republic-cnb-reacts-to-too-strong-czk/2008-08-07.html