From Bloomberg Markets and Finance.

Czech National Bank Governor Ales Michl says monetary policy needs to remain restrictive to keep core inflation low. “The policy mix for the future, firstly, [will be] keeping interest rates higher than before Covid for the next 10 years,” Michl said during an exclusive interview on Bloomberg Television. With attention on Trump’s second term in the White House and his tariff policy, the CNB Governor also weighed in on the country’s auto sector.
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