Czech Monetary Policy Needs to Be Restrictive: Michl

Czech National Bank Governor Ales Michl says interest rates policy needs to remain restrictive to keep core inflation low. “Policy mix for the future, firstly, (will be) keeping interest rates higher than before COVID for the next 10 years.” With attention on Trump’s imminent second term in the White House and his tariff policy, the CNB Governor also weighed in on the country’s auto sector amid heightened EU-China ties. Michl spoke exclusively on “The Pulse with Francine Lacqua” on Bloomberg TV.

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