Published

Czech central bank cuts key interest rate to 4% as inflation stays low

  • The Czech Republic’s central bank has cut its key interest rate to 4%, marking the eighth consecutive reduction.
  • Analysts had predicted this quarter-point cut, which follows a series of earlier reductions.
  • Inflation remains low at 2.6% year-on-year in September, decreased by 0.4% compared to August.
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  • 57% of the sources lean Left
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