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Ad-hoc reports: Central bank again leaves rates unchanged

8/6/2020 11:04 PM

The Czech National Bank (CNB) left interest rates unchanged at today's meeting, as the Czech economy is recovering more quickly than originally expected. However, the recovery itself is still on shaky ground. We thus expect interest rates to remain low until the end of next year. Unconventional monetary policy instruments are not currently on the table, according to the CNB governor.

Autor: Martin Gürtler
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