The current price growth of around 3% a year is temporary and is “no drama”, T. Holub said in an interview for Bloomberg. Therefore, the CNB probably won’t have to raise interest rates for at least a year, according to Mr Holub.Article detail
Deputy Governor T. Nidetzký does not see a need to adjust its monetary policy, because concerns of disinflation related to the coronavirus crisis are not materialising so far, as he said in an interview for Reuters. The debate on unconventional instruments could therefore remain an intellectual exercise according to Mr Nidetzký.Article detail
The CNB is taking steps to support an economy hit by the coronavirus epidemic. You will find a comprehensive overview of everything that might interest you in connection with the coronavirus and the CNB at a special website.
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