Thursday, 19 December 2019

Czech rate-hike drive may be over for a year, rate setter says

Bloomberg |
11 December 2019

Czech interest rates could stay where they are for another year as global risks cloud the outlook for the export-oriented economy, a senior central banker said. Unlike monetary easing deployed by the U.S. Federal Reserve and the European Central Bank, Czech policy makers are among the few in Europe discussing whether or not to raise borrowing costs.