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Holub Says Both Nov and Dec Meetings are "Live"

CZECHIA

Holub comments below via Reuters:

  • Dilemma whether to start rate cuts now or wait for January repricing data and then possibly go in larger steps.
  • Both approaches legitimate, I may be slightly leaning toward starting this year.
  • I do not exclude small rate cuts at both Nov and Dec meetings, both meetings are "live" for me.
  • In 2024, rate cut pace to depend on data, core inflation, more than 25bps cuts at some meetings may come up for debate.

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