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CNB: Governor Michl Reaffirms Familiar Message

CNB

News wires are running comments made by CNB Governor Alex Michl during a Forbes economic forum in Karlovy Vary, with the official flagging the need to proceed "very cautiously" while cutting interest rates.

  • Michl also reaffirmed his commitment to a more hawkish strategic monetary policy stance, noting that interest rates must be higher on average than was the case historically.
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News wires are running comments made by CNB Governor Alex Michl during a Forbes economic forum in Karlovy Vary, with the official flagging the need to proceed "very cautiously" while cutting interest rates.

  • Michl also reaffirmed his commitment to a more hawkish strategic monetary policy stance, noting that interest rates must be higher on average than was the case historically.