Interest Rates Kept Unchanged and the Tension in the Economy Is "Gone"
3 Articles
3 Articles
Despite the recent increase in inflation, it is considered temporary and therefore the long-term inflation outlook has changed little, according to the Central Bank's Monetary Policy Committee, which is keeping interest rates unchanged in line with the expectations of most economists. According to a new forecast, the tension in the economy has disappeared, but there is still an outlook for slightly higher economic growth this year than previousl…
The Central Bank's Monetary Policy Committee has decided to keep the policy rate unchanged at 7.25%. The committee says that underlying inflationary pressures remain persistent despite a slowdown in economic activity and clear signs of a cooling in the labor market.
The growth of the domestic economy has picked up pace, confidence is also growing, especially among entrepreneurs, which is reflected, among other things, in the largest increase in the number of commercial companies since 2018. What's more, inflation is also under control, staying at a two percent level, and the Czech crown to the euro has been...
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