Czech Central Bank Chief Ready to Hike If Core Price Risks Grow
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Article Excerpt
The governor of the Czech National Bank (CNB), Jakub Mašek, has said that interest rates could be increased in July if core inflationary pressures continue to rise.
In an interview with finance ministry officials, Mašek indicated that the bank is closely monitoring data and will take a cautious approach when making decisions on interest rate hikes. He stressed that the bank’s primary focus remains on maintaining price stability, which it defines as keeping annual headline consumer price inflation between 1.5% and 3.5%.
Mašek highlighted that while current core inflation—excluding volatile it…
Read full article at Financial Post ↗
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May 18, 2026