Czech central bank anticipates near-zero inflation in coming months
Monetary policy “should have been substantially easier”, bank says
Monetary policy in the Czech Republic should have been much looser between June 2014 and December 2015, the central bank has said. It also anticipates inflation falling close to zero in the coming months before starting to rise again at the end of 2016.
"Based on current knowledge", monetary policy "should have been substantially easier" the Czech National Bank said in its latest inflation report, published on May 12. Inflation had consistently undershot the 2% target throughout 2015, mainly
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