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Czech June Inflation Slows More Than Expected After Rate Hike

InflationMonetary PolicyInterest Rates & YieldsEconomic Data

Czech inflation slowed more than expected below target last month, intensifying the central bank’s monetary-policy dilemma after it recently raised interest rates. The data increases uncertainty around the pace and timing of further rate moves, a key driver for Czech rates and broader expectations.

Analysis

Czech inflation slowed more than expected below target last month, intensifying the central bank’s monetary-policy dilemma after it recently raised interest rates. The data increases uncertainty around the pace and timing of further rate moves, a key driver for Czech rates and broader expectations.

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