Aleš Michl: The current level of inflation still makes it impossible to lower interest rates

Aleš Michl: The current level of inflation still makes it impossible to lower interest rates

Aleš Michl: The current level of inflation still makes it impossible to lower interest rates

Speech by Mr Aleš Michl, Governor of the Czech National Bank, during the discussion of the "Financial Market Supervision Report for 2022" in the Senate of the Czech Republic, Prague, 27 July 2023. The views expressed in this speech are those of the speaker and not the view of the BIS.

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