Czech Central Bank Chief Signals Impending Halt to Rate Cuts
19 days ago
The head of the Czech National Bank (CNB), Ales Michl, has indicated that the central bank is on the brink of stopping its series of interest rate cuts. In a recent statement, Michl emphasized that while the current monetary policy has been effective, further cuts may soon cease as the bank needs to carefully evaluate the ongoing economic landscape.
Continue reading
Czech Central Bank Chief Reaffirms Cautious Approach to Interest Rate Cuts
2 months ago
The Czech Republic's central bank governor has reiterated his commitment to a prudent approach in cutting interest rates, cautious of the economic landscape both domestically and internationally. In a recent statement, Governor Aleš Michl emphasized the importance of careful decision-making amid rising inflationary pressures and fluctuating global economic conditions.
Continue reading