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It will be cold and cold. Repo rate will cool us, many will not survive


The base interest rate soared to seven percent. This is undoubtedly a “political” decision by which the current majority in the CNB Council responded to the political decision of President Miloš Zeman to appoint Aleš Michl to head the central bank. He announced in advance that he would fight rate hikes; the current captain immediately announced that he would raise rates preventively.

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