Czech economy still deserves eased monetary conditions, Czech National Bank’s (CNB) governor Jiří Rusnok has stated at the CNB roundtable held in Ostrava on September 13, 2016. According to Mr. Rusnok, the central bank has no reason to accelerate the exit from the exchange rate commitment regime. Mr. Rusnok has added that CNB will strongly consider abandoning the existing commitment if inflation will develop according to its prediction and will reach the 2% target by mid-2017.

Source: www.cianews.cz