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Most CNB Policymakers Prefer Stable Rate Outlook

CZECHIA
  • According to the CNB minutes of the August 4 meeting, most Czech central banks prefer stable rates outlook.
  • Mora and Holub were the ones pushing for a 100bps hike as they both saw risk of unanchored inflation expectations.
  • Zamrazilova and Dedek said there were no signs of Czech Wage-price spiral yet.

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