Czech monetary and exchange rate policy

Czech National Bank Monetary Policy to Remain Accommodative

July 31, 2014

Extreme disinflation in the euro area forced Czech monetary policy to become progressively more accommodative during and since the Great Recession.  From a high of 3.75% prior to a first cut in August 2008, the two-week Czech repo rate was cut eight times to 0.75% by June 2010 and three more times between June 2012 […] More