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Central bank member: Czech policy outlook exposed to risk of weakening growth abroad

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Government spending has helped boost the Czech economy, but there are concerns that possible further weakening in external markets could hinder growth, central bank board member Tomas Holub said on Tuesday. The Czech central bank is one of the rare monetary policy boards in Europe that has kept an interest rate hike debate alive while others have shifted towards easing measures due to prospects of slowing growth in global trade.

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