The Czech Republic, also known as Czechia, is a member of the European Union (EU). While Czechia is an EU member, it has not yet adopted the euro and still uses the Czech koruna. So, this is not about the European Central Bank meeting today, Thursday, June 5, 2025. Its an outlook piece re the Czech National Bank: board member Jakub Seidler signalled a preference for keeping interest rates unchanged at the upcoming June meeting, citing persistent inflation risks—particularly in services, wages, and farm producer prices.Seidler spoke in an interview with Ekonom weekly, conducted before the release of stronger-than-expected May inflation data, said inflation pressures remain in key areas, arguing against further easing for now---The Czech central bank cut rates by 25 basis points to 3.50% in May, continuing a cycle that began in December 2023, but has since adopted a more cautious stance about additional cuts. This article was written by Eamonn Sheridan at www.forexlive.com.