New Rate Setter Sees One More Year of Koruna StraitjacketBy
Benda says he sees no reason to shift koruna cap level now
Central bank will probably ‘do without’ negative rates
The Czech economic outlook indicates the central bank will be able to end its cap limiting koruna gains in about a year, and policy makers probably won’t have to pursue more unconventional monetary steps, a new member of the rate-setting board said.
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