CNB Vice Governor Zamrazilova says services inflation is preventing more rate cuts, via radio interview
Newsquawk Staff ·
- Czech inflation structure is relatively unfavourable.
What it means
The remarks from CNB Vice Governor Zamrazilova indicate a cautious stance on future rate cuts due to stubborn services inflation, suggesting that monetary easing may not be imminent. This reflects broader challenges in the Czech inflation landscape, potentially influencing market expectations about the CNB's policy trajectory and impacting the koruna and local asset performance accordingly.
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