Oldřich Dědek – The interest rate differential seems sufficient for now
Oldřich Dědek in an interview for Ekonom weekly magazine about the current monetary policy decision-making: “A decrease in the difference in rates as against the large central banks naturally represents a significant inflation risk. But it is difficult to determine the critical limit. So far, the interest rate differential seems to be sufficient. But we should take action if we see depreciation pressure on the koruna increasing due to the closing of the interest gap.”