News
gla_wpadmin  

Czech central bank raises key interest rate again more sharply than expected

Wednesday, 12/22/2021 3:11 PM from

dpa-AFX

| Views: 25

Several bundles of US dollars. © Adam Gault / DigitalVision / Getty Images

http://www.gettyimages.de

PRAGUE (dpa-AFX) – The Czech national bank has again raised its key interest rate more sharply than expected due to high inflation. The interest rate increases by 1.0 percentage points to 3.75 percent, as the central bank announced in Prague on Wednesday. Economists had only expected an increase to 3.5 percent on average. It is the fifth rate hike in a row.

The Czech Republic is pursuing a policy of increasing interest rates that is particularly aggressive compared to other European countries. The inflation rate in the Czech Republic rose to 6.0 percent in November. This was the highest rate since October 2008.

The Czech koruna gained slightly against the euro on Wednesday. However, she quickly gave up her winnings ./jsl/bgf/jha/

advertising

Subscribe to more news about Frosta shares free of charge

Notice:
ARIVA.DE publishes analyzes, columns and news from various sources in this section. ARIVA.DE AG is not responsible for content that has been recognized by third parties in the “News” area of ​​this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” mark below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.

Other users were also interested in this article:

Reference-www.ariva.de

Leave A Comment