Latest News

Czech interest rates already at high level, central bank governor says


Czech interest rates already at high level, central bank governor says By Reuters

Breaking News


Economy 6 minutes ago (Sep 05, 2022 08:01)

© Reuters. FILE PHOTO: Czech Crown coins are seen in front of a displayed logo of Czech central bank (CNB) in this picture illustration taken April 1, 2017. REUTERS/David W Cerny/Illustration

PRAGUE (Reuters) – Czech interest rates are already at a high level that is dampening domestic demand pressures, central bank Governor Ales Michl said on Monday.

Michl said in a series of Twitter (NYSE:TWTR) posts that three necessities were needed for reducing inflation: reducing state debt; preventing a wage inflation spiral; and keeping and stabilising interest rates at a higher level that what was seen in the past 10 years.

Czech interest rates already at high level, central bank governor says

UK can afford to borrow more, favourite to become finance minister saysBy Reuters – Sep 05, 2022

LONDON (Reuters) – A British government led by Liz Truss can afford to borrow more to give energy bills support to households and businesses but it will remain responsible with the…

IMF calls for EU fiscal capacity, rules to be linked to riskBy Reuters – Sep 05, 2022

By Jan Strupczewski BRUSSELS (Reuters) – The European Union should set up a fiscal capacity to pay for EU public goods, link the pace of debt cuts to individual country risk and…

Marketmind: Paused streamBy Reuters – Sep 05, 2022

A look at the day ahead in European and global markets from Tom Westbrook As far as first days go, Monday is shaping as a doozy for Britain’s new Prime Minster. That’s widely…

Our Apps

Terms And Conditions
Privacy Policy
Risk Warning

© 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

UK can afford to borrow more, favourite to become finance minister says

Previous article

Factbox-Government measures to ease inflation pain

Next article

You may also like


Leave a reply

Your email address will not be published.

More in Latest News