CNB sees slightly higher anti-inflationary risks
Strong demand for Czech government bonds
While both the zloty and the forint posted losses on Wednesday, the Czech koruna was hovering near to EUR/CZK 25.92. None of multiple comments by CNB Board members sent breaking news to the markets. CNB governor Singer said that recent readings of macroeconomic indicators were rather anti-inflationary and reiterated that the expected a “very, very long” period of interest rates set at technical zero (i.e., at the current 0.05%).
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KBC