Czech central bank's Michl: should eschew further hikes for now

24 Jul, 2019

"I think the economy now needs to be left alone, with no activist policy," Michl said in an interview with news agency Bloomberg.

The bank kept its base rate unchanged at its last policy meeting in June and said there might be a lengthy pause before the next policy move. It last hiked rates in May, the eighth move in a tightening cycle going back to 2017.

Copyright Reuters, 2019

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