Czech raises rate 6th time but signals it may pause
The central bank for the Czech Republic raised its interest rates for the sixth time to push inflation down to its target and anchor firms' and households' inflation expectations, but signaled it may now take a pause in tightening by saying "future monetary policy steps will depend on incoming new information and future forecasts."
The Czech National Bank (CNB) raised its benchmark 2-week repurchase rate by a further 75 basis points to 4.50 percent and has now raised the rate a... Читать дальше...