A Strong Koruna Is Holding Back Inflation. but It Alone Will Not Convince the Central Bank to Lower Interest Rates. There Are More Important Things Happening in the Czech Economy

Hospodářské Nnoviny (HN.cz)

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The Czech economy has had to get used to the fact that interest rates across maturities have stopped falling. In many segments, money is even becoming more expensive again. The main rate of the Czech National Bank will almost certainly remain at the current three and a half percent. None of the seven councilors are talking about its immediate reduction...