Support Ukraine Here

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Czech News in English » Business » Czech central bank rebuffs Prime Minister's attack on rate hikes

Czech central bank rebuffs Prime Minister’s attack on rate hikes

Share on facebook
Share on twitter
Share on linkedin
Table of Contents

The Czech central bank pushed back against billionaire Prime Minister Andrej Babis’s criticism of its efforts to curb inflation with higher borrowing costs. The surprising February rate increase, the only one globally this year, prompted a rebuke from Babis, who said such moves are boosting banks’ earnings while hurting the economy during a slowdown.

most viewed

Subscribe Now