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CNB Member Flags Tightening Risk from Wage Growth

CZECHIA
  • CNB’s Zamrazilova has repeated their view that fast domestic wage growth could sput further rate hikes at the CNB, according to an interview with Denik N. She puts this wage growth rate at “5 – 7%” according to the interview.
  • Later today, the Czech Prime Minister is to present plans on reducing energy consumption across public buildings.

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