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Michl Reiterates That Market Bets for Q3 Cuts Are 'Premature'

CZECHIA
  • Czech National Bank Governor Michl reiterates his view that market bets on the first Czech rate cut in Q3 are 'premature', adding that in 3 months from now inflation should be below 10%.
  • Michl adds that interest rates will remain high for a longer time, and that the CZK strength is important for policy.

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