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CNB's Dedek Says Current Level Of Interest Rates Tames Inflation

CZECHIA
  • Outgoing CNB Bank Board member Oldrich Dedek told FXstreet.cz that the current level of interest rates is taming demand-side inflationary pressure, adding that further increases could create visible negative effects. This is in line with Dedek's previous scepticism about continued tightening. Reminder that he will leave the Bank Board in mid-February.
  • The local economic docket lacks any notable releases for the next few days, while little new has been said in the presidential campaign, with the polling stations set to open Friday afternoon.

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