Czech inflation slowed to 2% in February, aligning with the central bank's 2% target for the first time since 2018.
Czech inflation slowed to 2% in February, its lowest rate since December 2018, and in line with the central bank's 2% target for the first time in over five years. This development supports arguments for policymakers to continue with rapid monetary easing. Money market prices indicate that investors expect the central bank to lower borrowing costs, with rates potentially declining by at least 3 percentage points over the next 12 months.
March 11, 2024
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