Economics
Bigger Rate Hike Gains More Traction at Czech Central Bank
- Mora sees rising odds of 50 basis-point increase on Sept. 30
- Vice governor says tightening may need to be more front-loaded
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The Czech central bank may accelerate its interest-rate increases this month to tame unexpectedly fast inflation fueled by the lowest jobless rate in the European Union, Deputy Governor Marek Mora said. Yields on government bonds increased.