Deputy Governor of the Central Bank of Czechia: Interest rates should not be lowered to stimulate the economy.

Jin10 data reported on September 17th that a senior Central Bank official from the Czech Republic stated that, given the ongoing inflation risks necessitating cautious measures, Czech policymakers should not stimulate the economy through further interest rate cuts. The remarks made by Czech Central Bank Deputy Governor Jan Frait on the eve of the upcoming policy meeting may reinforce market expectations that borrowing costs will remain unchanged for at least some time. Frait noted that the overall inflation rate remains manageable due to the fall in energy prices, but he indicated that this decline “will not last forever,” which is one of the reasons for maintaining “high caution.” Inflation in the service sector reflects rapid income growth in that industry, while productivity growth has lagged behind.

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SendMoneyToSeeTheFlvip
· 09-17 12:37
Then I want to ask, are you raising interest rates😁
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