The domestic economy will grow by 2.1% this year, according to the CBA's macroeconomic forecast. The outlook is significantly affected by uncertainty about the onset of trade wars. In the baseline scenario, we expect consumer prices to grow by a similar annual rate of 2.4% this year as last year, with only a slight slowdown to 2.2% in 2026. The CNB's interest rates are likely to continue to fall gradually, with the two-week repo rate reaching 3.25% this year and 3% next year.