Oldřich Dědek – The economy is slowing; we have chosen rate stability
CNB Bank Board member Oldřich Dědek in an interview for the CzechCrunch.cz website. “In my opinion, the traditional path of raising interest rates is already reaching its limits. We have signals that the economy is slowing and that household consumption is falling quarter on quarter. This raises the question of whether monetary policy should also be used to cool the economy.”